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State Courts -
Florida - February 28, 2007
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Taylor v. Richards, No. 4D06-1173,
COURT OF APPEAL OF FLORIDA, FOURTH DISTRICT, February 28, 2007, Decided
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Overview: Trial court erred in finding buyers ready, willing, and able to pay contract sum, and thus reversibly erred in granting them specific performance of contract to buy and sell condominium, as there was no evidence they obtained a binding commitment from a lender or had assets and a credit rating that enabled them to command requisite funds to close.
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