Legal Question in Real Estate Law in Florida
I'm planning on buying a home at a foreclosure sale. On the Final Default Judgement its says and quote "The Lien of the Plaintiff is superior in dignity to any rights, title, interest, or claim of the defendants or any of them and the property will be sold free and clear of all claims of the defendants". What does this mean, that when I buy it paying the total of the Final Judment amount, it will be clear of any liens, mortages, etc?
Asked on 12/17/10, 12:26 pm
2 Answers from Attorneys
Shelly Schellenberg MI & FL
private practice
No, it will only be clear of the rights of the defendants, just like it says. If you don't already have a lawyer, you need one. You are getting into an area of real estate that eats novice investors alive.
Answered on 12/22/10, 2:50 pm
David Slater
David P. Slater, Esq.
A title search to determine any prior liens would help.
Answered on 12/23/10, 5:28 am
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