Lefemine v. Baron
Florida Supreme Court
573 So. 2d 326 (1991)
- Written by Whitney Kamerzel , JD
Facts
Daniel and Catherine Lefemine (plaintiffs) contracted to buy a house from Judith Baron (defendant) for $385,000. The contract contained a liquidated-damages provision that allowed Baron to keep the $38,500 deposit as actual damages or sue to reclaim additional actual damages if the Lefemines defaulted on the contract. The Lefemines breached the contract and sued Baron to reclaim their deposit. The lower court held that the default provision was a valid liquidated-damages clause and allowed Baron to keep the deposit. The court of appeals affirmed, and the Lefemines appealed.
Rule of Law
Issue
Holding and Reasoning (Grimes, J.)
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