PICO DEVELOPMENT CORP. v. EDWARDS

No. 78-1102.

367 So.2d 698 (1979)

PICO DEVELOPMENT CORPORATION, Appellant, v. Arthur D. EDWARDS and Charlotte Edwards, His Wife, Appellees.

District Court of Appeal of Florida, Second District.

February 14, 1979.


Attorney(s) appearing for the Case

Stephen O. Cole of McMullen, Everett, Logan, Marquardt & Cline, P.A., Clearwater, for appellant.

Larry G. Rightmyer, St. Petersburg, for appellees.


RYDER, Judge.

Pico Development Corporation, defendant/counterclaimant, appeals a final judgment in an action for breach of a condominium sales contract.

By contract executed March 18, 1973, appellees agreed to purchase a condominium unit on Clearwater Beach from appellant. The contract contained a liquidated damages clause. At the time of execution of this contract, construction of the condominium project had not yet begun. Thereafter, the unit which appellees...

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