MARCO BAY ASSOCIATES v. VANDEWALLE

No. 84-1665.

472 So.2d 472 (1985)

MARCO BAY ASSOCIATES, an Ohio General Partnership, the Edward J. De Bartolo Corporation, a Foreign Corporation, and Robert P. Stakick, Individually, and As Partners in Marco Bay Associates, Appellants, v. John VANDEWALLE, Appellee.

District Court of Appeal of Florida, Second District.

Rehearing Denied July 10, 1985.


Attorney(s) appearing for the Case

John F. Hooley of Woodward & Hooley, P.A., Marco Island, for appellants.

Frederick C. Kramer, Marco Island, for appellee.


OTT, Acting Chief Judge.

This is an appeal by the developers from a final summary judgment wherein the lower court granted rescission of a contract to purchase a condominium apparently for failure of appellants to file a property report and otherwise comply with the federal Interstate Land Sales Full Disclosure Act, 15 U.S.C. § 1701, et seq. (1982) ("the Act"). We reverse, having found that appellants contracted to guarantee completion of appellee's condominium...

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