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Florida Statute 697.08 | Lawyer Caselaw & Research
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F.S. 697.08 Case Law from Google Scholar Google Search for Amendments to 697.08

The 2024 Florida Statutes

Title XL
REAL AND PERSONAL PROPERTY
Chapter 697
INSTRUMENTS DEEMED MORTGAGES AND THE NATURE OF A MORTGAGE
View Entire Chapter
F.S. 697.08
697.08 Equity skimming.—
(1) It is unlawful for any person, with intent to defraud the owner of real property, to engage in equity skimming, which is, to:
(a) Purchase, within a 3-year period, two or more single-family dwellings, two-family dwellings, three-family dwellings, or four-family dwellings, or a combination thereof, that are subject to a loan that is in default at the time of purchase or within 1 year after the time of purchase, which loan is secured by a mortgage or deed of trust;
(b) Fail to make payments under the mortgage or deed of trust as the payments become due, regardless of whether the purchaser is obligated on the loan; and
(c) Apply, or authorize the application of, rents from such dwellings for the person’s own use.
(2) A violation of subsection (1) constitutes a felony of the third degree, punishable as provided in s. 775.082, s. 775.083, or s. 775.084.
History.—s. 1, ch. 94-288; s. 775, ch. 97-102.

F.S. 697.08 on Google Scholar

F.S. 697.08 on Casetext

Amendments to 697.08


Arrestable Offenses / Crimes under Fla. Stat. 697.08
Level: Degree
Misdemeanor/Felony: First/Second/Third

S697.08 - EMBEZZLE - EQUITY SKIMMING - F: T

Annotations, Discussions, Cases:

Cases Citing Statute 697.08

Total Results: 4

Minalla v. Equinamics Corp.

Court: District Court of Appeal of Florida | Date Filed: 2007-03-21

Citation: 954 So. 2d 645, 2007 Fla. App. LEXIS 4174, 2007 WL 837170

Snippet: equity skimming contract in violation of section 697.08, a third degree felony, which it claims allows

Citation Mortg., Ltd. v. Rc of Retirement Living Ltd.

Court: District Court of Appeal of Florida | Date Filed: 2000-03-24

Citation: 753 So. 2d 777, 2000 Fla. App. LEXIS 3517

Snippet: transfer of the assignment to appellants, and section 697.08, Florida Statutes, enacted in 1994, which now makes

Kelly v. State

Court: District Court of Appeal of Florida | Date Filed: 1988-12-15

Citation: 536 So. 2d 1113, 1988 WL 133963

Snippet: 668 (1960); Friedman v. United States, 347 F.2d 697 (8 Cir.1965). See also LaFave, Search & Seizure, (2d

Stern v. Miller

Court: Supreme Court of Florida | Date Filed: 1977-06-09

Citation: 348 So. 2d 303

Snippet: ... under the last two cited sections... . (At 697-8.) Moreover, the parties in that case specifically