Mark B. Kleinfeld Real Estate Law Blog

Cure clause not a cure all

Tuesday, May 8, 2007 by Mark B. Kleinfeld

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

Posted at 12:42 PM | PERMALINK

Topic: Commercial Real Estate

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