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A New Case Interprets First Mortgagee’s Safe Harbor for Past Due Condominium Assessments (FL)

/ Owner - February 4, 2015

Although the term “first mortgagee” is not defined within F.S. 718, a recent decision from the 5th DCA provides some clarity as to who fits into this category. In Beltway Capital, LLC v. The Greens COA, Inc., Beltway Capital brought a foreclosure action in which The Greens COA, Inc., a condominium association, was a named defendant.    Read more……….

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