Take Note Lenders – New Florida Law Related to Estoppel Letters
On October 1, 2023, several changes to Florida law governing estoppel letters (also referred to as “payoff letters”) prepared by lenders and servicers became effective. §701.04, Fla. Statute, now includes the following notable changes: A lender or servicer’s deadline to respond to an estoppel letter request from a record title owner, or fiduciary or trustee … Read more