Florida Statutes Part III - Foreclosure Of Liens On Timeshare Interests (Ss. 721.80-721.86)

• 721.80 - Short Title.
  This part may be cited as the “Timeshare Lien Foreclosure Act.”History.—s. 13, ch. 98-36.
• 721.81 - Legislative Purpose.
  The purposes of this part are to:(1) Recognize that timeshare interests are used for vacation experience rather than for homestead or investment purposes and that there...
• 721.82 - Definitions.
  As used in this part, the term:(1) “Amounts secured by the lien” means all amounts secured by an assessment lien or mortgage lien, including, but not...
• 721.83 - Consolidation Of Judicial Foreclosure Actions.
  (1) A complaint in a foreclosure proceeding involving timeshare interests may join in the same action multiple defendant obligors and junior interestholders of separate timeshare interests,...
• 721.84 - Appointment Of A Registered Agent; Duties.
  (1) Any obligor may appoint a registered agent on whom notices and process may be served under s. 721.85. The statement of appointment must be in...
• 721.85 - Service To Notice Address Or On Registered Agent.
  (1) Service of process for a foreclosure proceeding involving a timeshare interest may be made by any means recognized by law. In addition, substituted service on...
• 721.855 - Procedure For The Trustee Foreclosure Of Assessment Liens.
  The provisions of this section establish a trustee foreclosure procedure for assessment liens.(1) APPOINTMENT OF TRUSTEE.—(a) A trustee or a substitute trustee may be appointed by a...
• 721.856 - Procedure For The Trustee Foreclosure Of Mortgage Liens.
  The provisions of this section establish a trustee foreclosure procedure for mortgage liens.(1) APPOINTMENT OF TRUSTEE.—(a) A trustee or a substitute trustee may be appointed by a...
• 721.8561 - Administrative Fee
  An administrative fee of $50 per trustee deed for each deed recorded pursuant to the trustee foreclosure procedures set forth in ss. 721.855 and 721.856...
• 721.86 - Miscellaneous Provisions.
  (1) In the event of a conflict between the provisions of this part and the other provisions of this chapter, chapter 702, or other applicable law,...

Last modified: September 23, 2016