Florida Statutes and Surplus Funds

Surplus funds are moeny left over after a tax deed or foreclosure sale once the required debts and sales cost are paid . Former owners may be entitled to a share , subect to valid liens and Florida law .,

Florida Statutev 197.582 governs surplus funds from tax deed sales. Valid liens must be paid before remaining surplus funds are distributed to an eligible former owner . If  the former owner has died , heirs may be eligible, depending on estate and ownership records.

For Florida tax deed surplus funds , the 120-day claim period begins on the date of the clerk's surplus notice , Lienholders must file theit claims within that period or their claims are barred. Eligible former owners may receive funds remaining after valid claims are paid. Contact Borelly Asset Recovery LLC to learn how we can assist you with the surplus funds claim process.

Borelly Asset Recovery LLC helps identify potential surplus funds, gather  supporting documents, and assist eligible former property owners and heirs through the claim process. Contact us to discuss your situation and learn how we can help.

We take the time to understand your situation, explain the steps involved and gather the necessary documents. You can count on clear communication and personal attention throughout the surplus funds claim process.

Have questions about potential surplus funds or the documents you may need?                        Contact Borelly asset Recovery LLC to discuss your situation and learn about our services.

Phone : (305)505-0398

Email : claim@borellyassetrecovery.com