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Foreclosure in Florida is primarily:

Correct Answer

B) Judicial through the court system

Florida requires judicial foreclosure through the court system, which provides more borrower protection.

Answer Options
A
Non-judicial through power of sale
B
Judicial through the court system
C
Administrative through FREC
D
Not permitted by law
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Related Topics & Key Terms

Related Topics:

florida-homestead-protectionforeclosure-timelinesborrower-rights-in-foreclosure

Key Terms:

judicial foreclosureChapter 702 Florida Statutescircuit courtmortgage defaultborrower protection

Related Concepts

Foreclosure is the legal process by which a lender takes possession of a property when a borrower fails to make mortgage payments. It allows the lender to sell the property to recover the outstanding debt.

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