Will Florida Supreme Court rule against statute-of-limitations on foreclosures?

Complicated Breakdown of New Florida Foreclosure Real Estate Law Every so often, a client facing a second, third or even fourth foreclosure lawsuit asks me a question: could the bank keep filing foreclosure actions against me even though the first lawsuit was filed more than five years ago? The Florida 5-year Statute of limitation rule is complex; however, Florida Supreme [.]

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But as congested and messy as the state’s current process is, a forthcoming Florida Supreme Court ruling could alter rules surrounding the life of a foreclosure suit, further prolonging a bank’s authority to seek payments on a past foreclosure, even after the existing five year statute of limitations has passed.

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The statute of limitations in the context of a foreclosure would begin from the acceleration of the note. If the current law suit is dismissed, the 5-year statute of limitations could kick in from the date of the notice. However, there are some cases coming out of the appellate courts that subsequent notices of acceleration can be issued.

Florida Supreme Court Issues Landmark ruling on Statute of Limitations for foreclosure: bartram affirmed.. foreclosure SUIT? The florida supreme court answered the certified question in the.

In Florida, a five-year statute of limitations could prevent banks from being able to foreclose, even after the lengthy court process. As a result, some mortgage servicers, who make payments on.

The appeals court referred to a 1977 Supreme Court decision in a non-military case. In Coker v Georgia, the Supreme Court.

In Florida, the statute of limitations for deficiency judgments resulting from foreclosures on or after July 1, 2013, is one year. The time period does not begin to run until the day after the court clerk issues a certificate of title to the buyer in the foreclosure sale.

No, said the Florida Supreme Court. Looking at its earlier case Singleton v. Greymar Associates, 882 So. 2d 1004 (Fla. 2004), the Supreme Court ruled the limitations deadline doesn’t block the second foreclosure. That’s because the statute of limitations deadline starts to run on the date of the subsequent default.

Is the Florida statute of limitations issue a thing of the past?. that "the dismissal with prejudice of PNC Bank’s foreclosure action against the Neals does not. Florida Supreme Court.