Robert's Tallahassee property is being foreclosed. A third party purchases the property at the foreclosure sale. Under Florida's lien theory, when does the purchaser receive legal title?
Correct Answer
C) When the certificate of title is issued
Correct: In Florida judicial foreclosures, the purchaser receives legal title when the court issues a certificate of title after confirming the sale. Why not A: Winning the bid doesn't immediately convey title. Why not B: Court confirmation is required but title transfers with the certificate. Why not D: Recording is important but title actually transfers with the certificate of title.
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Related Topics & Key Terms
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