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Home » US Law » 2022 Florida Statutes » Title XL - Real and Personal Property » Chapter 714 - Uniform Commercial Real Estate Receivership Act

714.21 – Fees and Expenses.

714.21 Fees and expenses.— (1) The court may award a receiver from receivership property the reasonable and necessary fees and expenses of performing the duties of the receiver and exercising the powers of the receiver. (2) The court may order one or more of the following to pay the reasonable and necessary fees and expenses of the receivership, […]

714.22 – Removal of Receiver; Replacement; Termination of Receivership.

714.22 Removal of receiver; replacement; termination of receivership.— (1) The court may remove a receiver for cause. (2) The court shall replace a receiver that dies, resigns, or is removed. (3) If the court finds that a receiver that resigns or is removed, or the representative of a receiver that is deceased, has accounted fully for and turned over […]

714.23 – Final Report of Receiver; Discharge.

714.23 Final report of receiver; discharge.— (1) Upon completion of a receiver’s duties, the receiver shall file a final report including: (a) A description of the activities of the receiver in the conduct of the receivership; (b) A list of receivership property at the commencement of the receivership and any receivership property received during the receivership; (c) A list of […]

714.24 – Receivership in Another State; Ancillary Proceeding.

714.24 Receivership in another state; ancillary proceeding.— (1) The court may appoint a receiver appointed in another state, or that person’s nominee, as an ancillary receiver with respect to property located in this state or subject to the jurisdiction of the court for which a receiver could be appointed under this chapter, if: (a) The person or nominee […]

714.25 – Effect of Enforcement by Mortgagee.

714.25 Effect of enforcement by mortgagee.—A request by a mortgagee for the appointment of a receiver, the appointment of a receiver, or the application by a mortgagee of receivership property or proceeds to the secured obligation does not: (1) Make the mortgagee a mortgagee in possession of the real property; (2) Make the mortgagee an agent of the […]

714.26 – Uniformity of Application and Construction.

714.26 Uniformity of application and construction.—In applying and construing this chapter, consideration must be given to the need to promote uniformity of the law with respect to its subject matter among states that have enacted a similar law. History.—s. 1, ch. 2020-106.

714.27 – Relation to Electronic Signatures in Global and National Commerce Act.

714.27 Relation to Electronic Signatures in Global and National Commerce Act.—This act modifies, limits, or supersedes the Electronic Signatures in Global and National Commerce Act, 15 U.S.C. ss. 7001 et seq., but does not modify, limit, or supersede s. 101(c) of that act, 15 U.S.C. s. 7001(c), or authorize electronic delivery of any of the notices […]

714.28 – Transition.

714.28 Transition.—This chapter does not apply to a receivership for which the receiver was appointed before July 1, 2020. History.—s. 1, ch. 2020-106.