Reading a Miami pre-construction contract in 2026

Pre-construction contracts in Miami are not standardized. Two contracts on identical units in the same building can differ by 8-12% in effective price by the time the building delivers, simply because of how five specific clauses are written.

Pay closest attention to: (1) the price escalation clause and any cap on developer-side increases, (2) the assignment language, (3) the closing extension provisions, (4) the deposit refund triggers, and (5) the "developer's reserved rights" addendum, which is where most surprises live.

We negotiate every one of these clauses for our buyers. The first one alone has saved clients seven figures on units delivered after construction delays.