The Florida Supreme Court says contract clauses requiring arbitration to settle related disputes include fraud claims.
The justices unanimously reversed a three-judge panel of the 1st District Court of Appeal, which had ruled the opposite way.
They wrote that the panel erred by ruling an arbitration clause in a real estate contract did not cover fraud claims.
The decision upholds a Bay County trial judge’s dismissal of a lawsuit filed by the Shakespeare Foundation Inc. and the Herd Community Development Corp.
The judge ruled their claim, instead, had to be arbitrated.
The plaintiffs alleged the Jackson Realty Team Inc. fraudulently advertised property it sold them for a low-income house project as containing no wetlands. They alleged 25 percent of the land was in fact wetlands and, therefore, unbuildable.
Topics Florida Fraud Claims Legislation
Was this article valuable?
Here are more articles you may enjoy.
Trump Administration Seen as Likely to Dismantle ESG Rules 
Hippo Sells Majority Stake in First Connect Insurance to Centana Growth Partners 
‘Make America Healthy Again’: RFK Jr. Wins Over Fans by Stoking Food Toxin Fear 
GM to Recall More Than 461,000 Vehicles Over Transmission Issues: NHTSA 
