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Florida Appellate Court Rules “Safe Harbor” Liability Does Not Include Interest, Late Fees, Costs, Attorney Fees Or Other Charges

/ Owner - June 15, 2016

For the past few years, trial courts have increasingly issued rulings limiting what charges were included in a “safe harbor” calculation of a bank’s post-foreclosure liability to community associations. However, aside from the federal case of United States v. Forest Hill Gardens East Cd’m. Ass’n., 990 Supp. 2d 1344 (S.D. Fla., 2014), no published opinion definitively addressed the issue leaving the matter somewhat unsettled.    Read the article……………

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