Florida's Fourth District Court of Appeals delivers its opinion in Summitbridge Credit Investments III, LLC, v. Carlyle Beach, LLC, et al. The Court overturns the lower court's decision, giving effect to the word "and", thereby emphasizing the importance of word selection in loan documents and contracts alike.
Limited Liability of the Mortgagee under the Safe Harbor Provision, Section 720.3085(2)(c)
The Florida Third District Court of Appeals delivers its opinion in Catalina West Homeowners Assoc., Inc., and Old Cutler Lakes by the Bay Cmty. Assoc., Inc., v. Fed. Nat'l Mortg. Assoc., concerning the safe harbor provision that limits HOA fees for subsequent holders of the first mortgage.