The opinion in Nacoochee Corp. v. Pickett, decided by a Florida appeals court and available at opinions.1dca.org/written/opinions2006/12-6-06/05-3675.pdf, includes an interesting interplay between a deposit clause in a land sale contract and a notice of default and cure clause. The contract at issued included a cure period provision would seem for defaults under the contract. In this case, the court held that the failure to make a required deposit on time was not subject to cure....
Read More