Legal Question in Real Estate Law in Florida
Our home was foreclosed and title turned back to BOA at sale on 12/2013 Clerk of Courts now shows: ORDER VACATING CERTIFICATE OF TITLE FORECLOSURE SALE FINAL JUDGMENT AND GRANTING LEAVE TO FILE AN AMENDED LIS PENDENS
AND VERIFIED AMENDED MORTGAGE FORECLOSURE COMPLAINT. What does this mean?
Asked on 2/26/15, 12:26 pm
1 Answer from Attorneys
Jean Winters
Winters & Winters, PA
The mortgage company may have had a title problem and wants to correct it. If the certificate of title is vacated, then title will officially be in your name (if you were the record owner) until a new certificate of title is recorded. That may affect your liability for association assessments, for example. You are still liable for assessments as long as you have title, assuming your property is governed by an association.
Answered on 2/26/15, 12:33 pm