Florida Statute 625.171 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVII
INSURANCE

Chapter 625
ACCOUNTING, INVESTMENTS, AND DEPOSITS BY INSURERS

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F.S. 625.171

625.171 Valuation of purchase money mortgages.—Purchase money mortgages on real property referred to in s. 625.161(2) shall be valued in an amount not exceeding the acquisition cost to the insurer of real property covered thereby or 90 percent of the fair value of such real property, whichever is less.

History.—s. 125, ch. 59-205; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 98, 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429; s. 90, ch. 2002-1.

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Amendments to 625.171

Arrestable Offenses / Crimes under Fla. Stat. 625.171

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 625.171.

Annotations, Discussions, Cases:

Cases Citing Statute 625.171

Total Results: 1

Peterson v. Peterson

Court: District Court of Appeal of Florida | Date Filed: 1983-05-03

Citation: 431 So. 2d 672

Snippet: United States Hoffman Machinery Corp., 11 Misc.2d 625, 171 N.Y.S.2d 562 (1958). Moreover, the agreement,