Florida Statute 635.061 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVII
INSURANCE

Chapter 635
MORTGAGE GUARANTY INSURANCE

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F.S. 635.061

635.061 Premium cost.—For purposes of computing finance charges or determining whether a mortgage loan is usurious, any premium cost of mortgage guaranty insurance that is paid by or collected from the mortgagor as a separate charge shall be deemed to not constitute a part of the cost of, or interest upon, or charges or consideration or an amount in excess of permitted charges in connection with, any mortgage loan.

History.—s. 6, ch. 59-182; s. 2, ch. 81-318; ss. 7, 11, 12, ch. 83-281; s. 15, ch. 92-328; s. 5, ch. 93-21.

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Amendments to 635.061

Arrestable Offenses / Crimes under Fla. Stat. 635.061

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 635.061.

Annotations, Discussions, Cases:

Cases Citing Statute 635.061

Total Results: 2

Orthopedic Specialists, as Assignee of Kelli Serridge v. Allstate Insurance Company

Court: District Court of Appeal of Florida | Date Filed: 2015-08-19

Citation: 177 So. 3d 19, 2015 Fla. App. LEXIS 12467

Snippet: Moore v. Illinois Cent. R. Co., 312 U.S. 630, 635, 61 S.Ct. 754, 85 L.Ed. 1089 (1941); Railroad Co. v

Kaiser v. Harrison

Court: District Court of Appeal of Florida | Date Filed: 2008-07-18

Citation: 985 So. 2d 1226, 2008 WL 2774436

Snippet: application for an attorney's fee award of $142,635.61. The parties' financial resources are the primary