The Supreme Court of Florida Ruled on deposits for condominium contracts under section 718.202. In North Carillon v. CRC 603 LLC, 39 FLW S39, the Supreme Court of Florida decided on January 23, 2014, in favor of the condominium builder and held that contracts for the purchase of two condominium units were not voidable by the purchaser’s on the ground that the seller failed to maintain the deposits paid the buyers in separate escrow accounts. This decision clearly favors the developer regarding deposits on condominium contracts. I believe the fact that the failure to comply with certain escrow requirements may have constituted a criminal offense is one of the reasons why the statute was interpreted in favor of the developer.