REAMCO DEVELOPMENT CORP. v. 499 CORP.

No. 4D07-3542.

992 So.2d 431 (2008)

REAMCO DEVELOPMENT CORP., Appellant, v. 499 CORPORATION, Sterling Title Agency, Inc., JHB Florida Properties, LLC., James H. Batmasian and Marta Batmasian, Appellees.

District Court of Appeal of Florida, Fourth District.

October 22, 2008.


Attorney(s) appearing for the Case

Robert A. Stok of Stok & Associates, P.A., Aventura, for appellant.

Steven D. Reiss and Robert Sweetapple of Sweetapple, Broeker & Varkas, Boca Raton, for appellees 499 Corporation, JHB Florida Properties, LLC, James H. Batmasian, and Marta Batmasian.

Geralyn M. Passaro of Stephens, Lynn, Klein, La Cava Hoffman & Puya, P.A., Fort Lauderdale, for appellee Sterling Title Agency, Inc.


KLEIN, J.

The issues in this appeal are whether the buyer should have lost his deposit under a real estate contract and whether the buyer has a cause of action against the title insurance agency for misadvising the buyer as to when the due diligence period ended. We affirm summary judgments in favor of the seller and the title agency.

The original contract had an effective date of February 1 and provided for a forty-five day due diligence period, after which...

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