Judge Mark W. Klingensmith
The case involves a demand for reimbursement for a condo association's collection efforts targeting U.S. Bank.
April 09, 2018 at 01:47 PM
1 minute read
Journalist
A question about attorney fees for collection efforts pursued after a foreclosure sale puts Florida’s safe harbor provisions in the spotlight.
The state’s safe harbor provision protects lenders recovering property after foreclosure from paying the full amount of overdue association dues. Under the rule, lenders pay a year’s worth of dues or 1 percent of the mortgage, whichever is less.
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