What this mean for foreclosure before July 1?

Florida’s PMSI anti-deficiency law becomes effective on July 1, 2010. See Fla. H.B. 35 (2010) (barring deficiency judgments after default on mortgages securing homestead property).

Orlando, FL -

Attorney Answers (2)

Preston Hall Oughton

Preston Hall Oughton

Foreclosure Attorney - Jacksonville, FL
Answered

Laws only have effect on the issues they relate to that occur after the law has taken affect. Therefore, any foreclosures prior to the law would not be governed by the law.

This response does not create an attorney-client relationship. Unless you are already a client of the Law Office of Preston H. Oughton, pursuant to an executed fee agreement, you should not use, interpret, or rely on this response as legal advice or opinion. Do not act on any information in this response without seeking legal advice. Preston H. Oughton poughton@oughtonlaw.com (904) 854-6336.

David Harris Rosenberg

David Harris Rosenberg

Foreclosure Attorney - Sarasota, FL
Answered

This was never passed.

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