Legal FAQs
Questions asked by the public about Florida law.
What Happens to a Mortgage When the Borrower Dies?
When a borrower dies with a mortgage, the outcome depends on the loan terms, any estate plan and who receives the home. Federal law bars due-on-sale enforcement on many home loans when the home passes to a relative, including a spouse or children.
Read answerWhat Is a Disclaimer of Interest?
Under Florida's Uniform Disclaimer of Property Interests Act, a person may decline an inheritance or other property interest in whole or in part. The disclaimer must be written, signed, witnessed and acknowledged like a deed, and delivered or filed as the law requires.
Read answerWhat Is a Durable Limited Power of Attorney for Real Estate?
A Florida Durable Limited Power of Attorney for Real Estate appoints an agent to act for the principal in property matters, from a single closing to mortgages, deeds and leases. It must be signed before two witnesses and a notary.
Read answerWhat Is a Notice of Lien Prohibition?
A Florida Notice of Lien Prohibition tells potential claimants that a tenant cannot subject the landlord's property to a mechanic's lien. The lease must expressly prohibit such liens, and the lease or a notice of the prohibition must be recorded before a notice of commencement.
Read answerWhat Is a Notice to Contractor?
A Florida Notice to Contractor tells the contractor that a lienor not in privity with it intends to look to the contractor's payment bond for payment. It is generally served before or within 45 days after the lienor begins furnishing labor, materials or supplies.
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