Florida Mortgage Law: Receiverships

When a lender seeks to foreclose a property, it may be advantageous to have a receiver appointed by the court. A receiver’s responsibilities are to take custody of, manage, and preserve property. In deciding whether or not to appoint a receiver, the court will balance the owner’s right to own and possess the property and […]

Florida Mortgage Law: Assignment of Rents

In Florida, there are several types of security that a mortgagee can negotiate and obtain with respect to a mortgage loan secured by real property.  One such security can include the rentals that are generated from the real property itself.  A mortgage or separate instrument can provide for an assignment of rents of real property […]