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Tag: junior liens

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Florida 5th DCA Holds Trial Court Incorrect Distributing Foreclosure Surplus to Third Party Bidder

The 5th DCA recently ruled that the trial court erred in distributing surplus to a 3rd party purchaser.   FL Statute 45.033, states that surplus foreclosure proceeds are generally disbursed to owner of record (except in certain limited ...

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  • 07-10-2017
  • Foreclosure , Real Estate
  •  0 Comments
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  • 45.033 , florida statutes , foreclosure , foreclosure procedures , foreclosure surplus , junior liens , surplus , third party bidder

Florida 4th DCA Holds Lis Pendens Expires at Final Judgment of Foreclosure; Opens Title Controversy

Plain English Summary: A bank files a “lis pendens” or a notice with the court and is recorded with the county  (such as with deeds) which is notice to the public that there is a pending lawsuit involving the real ...

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  • 09-02-2016
  • Condo/HOA , Foreclosure , Real Estate
  •  1 Comment
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  • condominium , foreclosure , foreclosure defense , HOA , HOA fees , homeowners , junior liens , lawsuit , lien priority , lis pendens , town
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