Real Property, Financial Services, & Title Insurance Update: Week Ending October 2, 2020

Real Property Update - Equitable Lien: section 95.11(5)(b)'s one-year statute of limitation does not apply to a purchaser's funds (in excess of 10% of the purchase price), which were used to develop the condominium, as the purchaser provided funds-not "labor, services or materials" - Gabriji, LLC v. Hollywood East, LLC, No. 4D19-3495 (Fla. 4th DCA September 30, 2020) (reversing dismissal and remanding for further proceedings)....
By: Carlton Fields

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