PER CURIAM.
We hold that section 718.116, Florida Statutes (1993), limits the mortgagee's liability in this case to the lesser of six months of unpaid assessments or one per cent of the original mortgage debt. The amendment to the statute does not apply to this lawsuit, which was filed before its effective date. There is nothing in the statute to indicate that it does not apply to a former unit owner who has taken back a first mortgage as part of a sale of a unit...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.