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July 2014 Deadline for Older Foreclosure Deficiency Judgments – Small South Florida Banks and Credit Unions Increasingly Aggressive on Deficiency Collection Efforts

According to the new Florida Fair Foreclosure legislation, the deadline for a bank to sue a defaulting home owner for the amount left on a mortgage after a foreclosure (the deficiency) was changed from 5 years to 1 year, regardless of when the cause of action accrued....

Special Assessments Against Florida Condo Owners: When Special Assessments Go Wrong, What Can Condo Unit Owners Do?

Last Update: 03/16/16 Condominium living is a dream come true for many South Floridians, especially those who move here from other parts of the country as retirees or owners of vacation getaways. However, as with all things in life, there are pros and cons with condo...