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TO BE COMPLETED FOR EVERY SALE BY A COURT-APPOINTED REFEREE AND FILED WITH COUNTY CLERKAND CHAMBERS WITHIN 30 DAYS OF SALE FORECLOSURE ACTION SURPLUS MONIES FORM SUPREME COURT OF THE STATE OF NEW.

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Florida Statute 45.032(3)(c) states that a year after the foreclosure sale, any surplus funds that are remaining with the clerk, will be presumed to be unclaimed property and must be reported to the Unclaimed Property Division. After that time, it becomes Unclaimed Property and can be used to help fund public schools.

In Florida, mortgage foreclosure actions are subject to a five year statute of limitations pursuant to Fla. Stat. § 95.11(2)(c). The statute of limitations begins running from the date that the cause of action accrues, which is typically the date of the borrower's default under the note or mortgage terms.

Generally, any surplus funds from a Tax Deed sale will be held for one year by the clerk of courts, and if not claimed at that time, those surplus funds will be turned over to the Florida Chief Financial Officer and go into the Florida Unclaimed Property funds (and ultimately used for the Florida Schools).

Surplus Money Proceedings Referee's report must be entered at the County Clerk. Fee is $10. Surplus monies must be deposited into court. Mail a written request, including: A listing of the title of action. The index number. What you're requesting. A self-addressed, stamped business-sized envelope.

Surplus funds are typically given to the most recent homeowner. As such, you should receive them after the foreclosure sale. However, other parties may come forward and try to claim the surplus funds.

A: You need to contact the person who conducted the sale of the property. This person may be called a Master, Special Referee, or Judge. There is a form you will need to file to claim the proceeds.

How to Claim Surplus Funds From a Foreclosure in Florida Provide Proof of Ownership. Verification of Surplus Funds. Reach out to Trustee. Submit a Claim For the Surplus Funds. Hearings and Motions.

In order to obtain this extra money, the homeowner must file a petition for surplus funds. The process is complicated and typically requires the assistance of an attorney. Homeowners in this situation are entitled to the surplus funds generated by the foreclosure process.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232