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Florida Statute 679.617 - Full Text and Legal Analysis Florida Statute 679.617 | Lawyer Caselaw & Research
Fla. Stat. § 679.617 (2026) Copy Cite Official Site Syfertize CourtListener Amendments
679.617 Rights of transferee of collateral.—
(1) A secured party’s disposition of collateral after default:
(a) Transfers to a transferee for value all of the debtor’s rights in the collateral;
(b) Discharges the security interest under which the disposition is made; and
(c) Discharges any subordinate security interest or other subordinate lien other than liens created under statutes providing for liens, if any, that are not to be discharged.
(2) A transferee that acts in good faith takes free of the rights and interests described in subsection (1), even if the secured party fails to comply with this chapter or the requirements of any judicial proceeding.
(3) If a transferee does not take free of the rights and interests described in subsection (1), the transferee takes the collateral subject to:
(a) The debtor’s rights in the collateral;
(b) The security interest or agricultural lien under which the disposition is made; and
(c) Any other security interest or other lien.
History.—s. 7, ch. 2001-198.

Cases Citing F.S. 679.617

Fla. Stat. § 679.617 (2026) Copy Cite Official Site Syfertize CourtListener Amendments
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·Opacmare USA, LLC v. Lazzara Custom Yachts, LLC, 314 F. Supp. 3d 1276 (M.D. Fla. 2018).

Cited 1 times | Published | District Court, M.D. Florida

...Importantly, Opacmare did not allege that GB Asset acted in bad faith in purchasing the trademark, so there is no difficulty in finding that GB Asset would be a good faith transferee and therefore protected *1283 from having its ownership questioned. Fla. Stat. § 679.617 ("A transferee that acts in good faith takes free of the rights and interests described in subsection (1), even if the secured party fails to comply with this chapter or the requirements of any judicial proceeding.")....
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This Florida statute resource is curated by Graham W. Syfert, Esq., a Jacksonville, Florida personal injury and workers' compensation attorney (Florida Bar No. 39104). For legal consultation, call 904-383-7448.