A
recent court case highlights the importance of documentation in real estate transactions. "Nothing tells a story like things that are in black and white and in writing," said Adrian Felix, a partner at Bilzin Sumberg.
The lawsuit centered on a failed closing of a property agreement. During the inspection period, significant defects were discovered that had not been disclosed by the seller. The judge ruled that any delay in transferring funds was due to the seller's own delay in producing required documents.
A Miami-Dade Circuit Court judge ultimately entered a final judgment in favor of the couple sued by College Health II, an entity controlled by disbarred attorney Sam Burstyn.
