• Mortgagees: Don’t Lose Collateral — Take Action to Ensure You Receive Notice of Pending Tax Deed Sales
  • May 10, 2013
  • Law Firm: Burr & Forman LLP - Orlando Office
  • Summary: Mortgagees and other lienholders whose proper address does not appear in a recorded mortgage or lien may not receive notice of a pending tax deed sale and may therefore lose collateral. A recent Florida court held that the clerk of the court does not have a duty to locate the mortgagee or lienholder if they fail to provide notice of their proper address. Mortgagees and lienholders should take affirmative action to notify the proper authorities of their correct addresses. Mortgagees and lienholders, particularly those who acquired their interest through merger, assignment or otherwise, are advised to provide notice to the county tax assessor, tax collector, and clerk of the court, to ensure they receive notices of tax deed sales.