Fla. Court Affirms Ruling Against Seller in Dispute Over Disclosures, Deposit

LAKELAND, Fla. - A Florida Appeals court on March 30 affirmed a lower court order in favor of a man who backed out of a sales agreement and sued for the return of his deposit when he learned a condominium unit had undisclosed water and mold problems. Postregna v. Tanner, No. 2D03-4592 (Fla. App., 2nd Dist.).

Hans Tanner sued Jason Postregna for return of a $350,000 deposit he had made when he agreed to purchase Tanner's condo for $3,575,000. Postregna complained that he didn't find out until after agreeing to the purchase that the unit had mold and air quality …