Florida Statutes
§ 625.171 — Valuation of purchase money mortgages
Florida § 625.171
This text of Florida § 625.171 (Valuation of purchase money mortgages) is published on Counsel Stack Legal Research, covering Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Fla. Stat. § 625.171 (2026).
Text
Purchase money mortgages on real property referred to in s. 625.161(2) shall be valued in an amount not exceeding the acquisition cost to the insurer of real property covered thereby or 90 percent of the fair value of such real property, whichever is less.
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Legislative History
s. 125, ch. 59-205; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 98, 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429; s. 90, ch. 2002-1.
Nearby Sections
15
§ 625.01115
Definitions§ 625.012
“Assets” defined§ 625.031
Assets not allowed§ 625.041
Liabilities, in general§ 625.051
Unearned premium reserve§ 625.081
Reserve for health insurance§ 625.091
Losses and loss adjustment expense reserves; liability insurance and workers’ compensation insurance§ 625.101
Increase of inadequate loss reserves§ 625.111
Title insurance reserve§ 625.1212
Valuation of policies and contracts issued on or after the operative date of the valuation manual§ 625.1214
Use of confidential information§ 625.141
Valuation of bondsCite This Page — Counsel Stack
Bluebook (online)
Florida § 625.171, Counsel Stack Legal Research, https://law.counselstack.com/statute/fl/625.171.