Legal Question in Real Estate Law in Florida
I have a friend who has been paying a mortgage payment to the owner/seller of a house for aprox. 20 yrs. The mortagae payment includes taxes, interest, insurance and principle. A recent hurricane caused a large tree to fall on the house and damage the roof. the owner/seller let the insurance policy lapse about a year and a half ago. what are my friends options if any??? Thanks Wayne
Asked on 10/12/16, 7:01 pm
1 Answer from Attorneys
Barry Stein
De Cardenas, Freixas, Stein & Zachary
he has an action against the seller who was receiving those funds as a fiduciary. hire an attorney to assist with this claim.
Answered on 10/13/16, 6:10 am