Miami New Construction Contract Guide: Key Clauses Luxury Buyers Miss

Buying a pre construction luxury condominium in Miami is as much a legal and financial exercise as it is a lifestyle decision. This guide walks sophisticated buyers through the dynamics of Miami new construction contracts, explaining why they are drafted in a developer’s favor and how Florida condominium law frames your rights. From the 15-day rescission period and force majeure delays to deposit usage, financing, assignment and lifestyle rules, it offers a discreet, attorney-level overview so you can work with your advisors, stress-test the fine print, and protect both your time and capital.

The Rent vs Buy Debate For Miami Luxury Condos

With five-figure monthly rents now common in prime Miami luxury condos, affluent residents are re-evaluating whether it still makes sense to lease or if those payments should be redirected into ownership. This editorial unpacks how record-high rents, a buyer-friendly inventory backdrop and new condo reserve laws are reshaping the rent vs buy equation at the very top of the market. It outlines when long-term commitment and equity building justify a purchase, and when flexibility, mobility and capital efficiency make renting the smarter play.