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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....

Construction Defects in Florida: Florida Statutes Chapter 558 and the KB Home Nightmare at the Willowbrook Condos

Construction defects are infamous here in Florida — particularly as a result of the building frenzy a few years back when the Florida construction industry enjoyed a heyday. Back then, there were some unscrupulous builders who thought it was good business to cut...