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MIAMI—With South Florida’s condo market kicking into high gear once again, a new financing model is fueling development: large cash deposits paid by buyers up front. But as projects begin going vertical, questions are being raised as to how this new model may affect development firms and their buyers, legally speaking.

We caught up with attorney Andrew C. Hall, founding partner of law firm Hall Lamb and Hall, to get his take on the issue. The bottom line: he believes this new format creates liability for all parties involved in a transaction.

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