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Mortgage Payoff Info for subsequent Owners
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08/15/2012 1:51 PM
During today's webinar course, several of you asked for a citation to the law allowing subsequent owners of a property (not the maker of the mortgage to obtain mortgage payoff information. It appears in Florida Statutes 701.04.
When we first start to use this statute for our customers, expect to need to educate our lenders and servicer friends.
is a copy of that statute with the pertinent provisions highlighted.
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