GENERAL CONTRACTOR NOT REQUIRED TO ESCROW DEPOSIT WHERE HOME BUYER OWNS THE LAND UPON WHICH HOME WILL BE CONSTRUCTED By: Michael E. Stearns, Esq. and Peter B. Rowell, Esq. Stearns, Roberts & Guttentag, LLC Florida Statute Section 501.1375 requires “building contractors” and “developers” to maintain trust accounts and to hold purchaser’s deposits in such accounts […]
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