Article Date: 10/31/2017

Contractual Interest Applied Despite Set-off

Court: District Court of Appeal of Florida, Fifth District

Homes by Deltona, Inc. v. Outdoor Site Solutions, LLC

Case no.: 5D16-2025

Date filed: October 6, 2017

Overview

A Florida court has ruled that late payment interest, stipulated in a prime contract, applied to the entire prime contract balance owed by the project owner, notwithstanding a set-off ... Log in to view the full text.

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