A.C. Condominium Ass'n v. Suntrust Bank

District Court of Appeal of Florida

A.C. Condominium Ass'n v. Suntrust Bank

815 So. 2d 720, 2002 Fla. App. LEXIS 5520, 2002 WL 726643

CourtDistrict Court of Appeal of Florida

DecidedApril 26, 2002

DocketNo. 5D01-1448

StatusPublished

This text of 815 So. 2d 720 (A.C. Condominium Ass'n v. Suntrust Bank) is published on Counsel Stack Legal Research, covering District Court of Appeal of Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

A.C. Condominium Ass'n v. Suntrust Bank, 815 So. 2d 720, 2002 Fla. App. LEXIS 5520, 2002 WL 726643 (Fla. Ct. App. 2002).

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Opinion

PER CURIAM.

AFFIRMED. See § 718.116(b)(1), Fla. Stat. (2001)(“[t]he liability of a first mortgagee or its successor or assignees who acquire title to a unit by foreclosure or by deed in lieu of foreclosure for the unpaid assessments that became due prior to the mortgagee’s acquisition of title is limited to the lesser of: 1. The unit’s unpaid common expenses and regular periodic assessments which accrued or came due during the 6 months immediately preceding the acquisition of title and for which payment in full has not been received by the association; or 2. One percent of the original mortgage debt”)(emphasis added).

THOMPSON, C.J., PALMER and ORFINGER, R. B., JJ., concur.

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PER CURIAM.

AFFIRMED. See § 718.116(b)(1), Fla. Stat. (2001)(“[t]he liability of a first mortgagee or its successor or assignees who acquire title to a unit by foreclosure or by deed in lieu of foreclosure for the unpaid assessments that became due prior to the mortgagee’s acquisition of title is limited to the lesser of: 1. The unit’s unpaid common expenses and regular periodic assessments which accrued or came due during the 6 months immediately preceding the acquisition of title and for which payment in full has not been received by the association; or 2. One percent of the original mortgage debt”)(emphasis added).

THOMPSON, C.J., PALMER and ORFINGER, R. B., JJ., concur.

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Bluebook (online)

815 So. 2d 720, 2002 Fla. App. LEXIS 5520, 2002 WL 726643, Counsel Stack Legal Research, https://law.counselstack.com/opinion/ac-condominium-assn-v-suntrust-bank-fladistctapp-2002.