720 3085 Declared unconstitutional as applied
June 4, 2010 - 9:05 pm
The Second District Court of Appeal ruled that the law enacted in 2008 to require foreclosing first mortgage holders to pay 1 year or 1% of the mortgage principal, whichever is less, is unconstitutional when applied to mortgages before that date where the Governing Documents provide that the mortgage wipes out the association lien.
Duration : 0:6:52