A contentious closing on a $3 million deal sparked a two-year legal brawl in Miami for a seller accused of reneging on the contract in hopes of a bigger payday.
November 12, 2014 at 02:51 PM
1 minute read
It was seller’s remorse—not buyer’s regret—that derailed a $3 million real estate deal at the closing table and launched a two-year legal brawl between the seller and would-be investor.
The sale of the property in Miami’s Wynwood neighborhood was scheduled to close in late 2012, just as the area was becoming a development hotspot north of downtown Miami.
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