Miami is a city known for its multicultural influences. It is common to encounter a Latin American vibe in all walks of Miami life, from its new and hip restaurants to its art galleries, music, and fashion. Now, the newest Latino influence is found in the purchase and development of commercial real estate. Wealthy individuals and companies headquartered south of the border have been snapping up properties in the Miami area at unprecedented rates for redevelopment and sale.
The internet has become an integral part of business in modern day commerce. For most companies, it is convenient to sell parts and components to purchasers worldwide. But the convenience of on-line selling can come with a downside. In the past, vendors could cultivate a relationship with business owners by setting up meetings or sending out salespeople. Today, however, individuals who make purchases over the internet may have little personal connection to the seller. Consequently, purchasers may feel less duty to pay to their vendors on time when payment is not required up front. In such a case, an old-fashioned breach of contract claim may be the only solution for vendors who have not been paid.
When a new subdivision is built by a developer, home purchasers envision finished houses, green lawns and sparkling new swimming pools. Contractors, subcontractors, and material providers are always glad to have the work that a new development brings. Unfortunately, for some new homeowners and contractors north of Vero Beach, their expectation has turned into disappointment. Half built homes, empty lots, and unfinished projects litter the new development. The developer's money woes and legal troubles make it unclear when, or if, the subdivision will ever be completed. To date, substantial construction litigation has been filed by contractors, subcontractors and home buyers.
Contract disputes are common whenever people or companies enter into business agreements. This is true whether the parties are individuals, small businesses, or national players.