What happens if I breach my condo contract?

If you breach your condo contract in Florida, you may face legal consequences. Depending on the specifics of the contract and the damage done, you may have to pay fines or damages for not following through with the agreement. If the damaged caused by the breach is severe, a lawsuit may be filed against you. In Florida, condo contracts are required to abide by Chapter 718 of Florida Statutes. This code outlines all of the duties and responsibilities of the association, as well as the rights of its members. Every condo contract must follow these laws in order to be legally binding. If you violate any of these regulations, you may be subject to civil action by the association or the other party involved. The court will decide the appropriate damages to award. In some cases, the breached party may be able to seek punitive damages from the breaching party. Punitive damages are used to punish the breaching party for their irresponsible behavior. Moreover, depending on the circumstances, you may also face criminal penalties. If the breached party feels that the violation was criminal in nature, they may be able to take the issue to the court and pursue a case. Regardless of the situation, it is always best to adhere to the terms of your condo contract. Not doing so could have serious consequences and can create a lot of legal problems that can be difficult and costly to rectify.

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What happens if I breach my condo contract?

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