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The Top Five Things Lenders Need to Know About Florida’s Construction Lien Law

Jimerson Firm

2] This result can be potentially disastrous to a mortgage lender that may lose the value of a first priority mortgage lien as security for the loan, and potentially have the mortgage subject to being foreclosed in a construction lien foreclosure lawsuit. Credit Union , 46 So. 713.3471(c). Tyndall Fed. 3d 1033, 1036 (Fla.