Florida Foreclosure Laws
Attorney General’s Office
State of Florida
The Capitol PL-01
Tallahassee, FL 32399-1050
Tel: (866)966-7226
Fax: 850-410-1630
http://myfloridalegal.com/
Type of Document: Mortgage
Types of Foreclosure:
Judicial foreclosures only: From personal experience I know that
lawyers are very involved in the real estate process. A lender has to
go through the court to foreclose on a property in Florida. The
borrower is sued by the lender. The borrower has the right to defend
themselves in court, while the lender will attempt to prove the
borrowers are in default. Once the lender prevails, the court will
order the property sold.
Deficiency The lender may pursue the borrower for up to four years to collect a deficiency judgment.
Redemption:There is no right of redemption after the court confirms the sale.
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