North Carillon, LLC, Appellant v. Crc 603, LLC, Appellees

Summary

The court held that the 2006 Condominium Act did not require developers to maintain deposits under its two deposit provisions in separate escrow accounts. Because the statute was ambiguous and carried both civil and criminal consequences, the rule of lenity required construing it in the developer's favor, permitting a single escrow account. The court therefore reversed the dismissal-related appellate decision and remanded for further proceedings.