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“Payment in Full” – Be Careful- It May Be! (FL)

/ Owner - November 14, 2014

Negotiating a check which indicates “payment in full,” may estop the Association from collecting any more funds from that owner, regardless if they legally owe more. Recently, a Florida Appellate Court ruled that an Association’s cashing of a check which included a restrictive endorsement (e.g., paid in full) is considered the full accord and satisfaction of the debt.     Read more………

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