Category Archives: Liens and encumbrances

Everything You Need To Know About Florida Deficiency Judgments – Part II

A foreclosure judgment, followed by sale of the mortgaged property, doesn’t necessarily end a foreclosure case. If the sale proceeds are insufficient to fully pay the debt, the next step is a money judgment against the borrower for the difference (a “deficiency judgment”). CONTINUE READING...

Everything You Need To Know About Florida Deficiency Judgments – Part I

What must a lender do in order to obtain a judgment in Florida when the sale proceeds are not enough to pay off the debt of the property? Al LaSorte explains what a deficiency judgment is and how to navigate the legal landscape in obtaining one. CONTINUE READING...

If I get a judgment against my commercial tenant, will I be able to collect?

Before pursuing a tenant for damages, a landlord must decide whether there is value in pursuing a defaulting tenant for money damages. So how does a landlord decide? Read 10 things a landlord should consider in this post. CONTINUE READING...

Two types of liens commercial real estate sales brokers should know about

No point in finding a willing buyer for your client’s property unless you get paid for your efforts, right? A lien can be a powerful tool to make sure this happens, but not without risk. CONTINUE READING...

Does Florida’s homestead protection from creditors extend to sale proceeds invested in securities?

What if the owner sells the property and invests the sale proceeds in securities while looking to buy a replacement homestead? Can a judgment creditor grab the proceeds, or are they still protected? CONTINUE READING...