725.05
Satisfaction for less than amount due.
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725.05 Satisfaction for less than amount due.—When the amount of any debt or obligation is liquidated, the parties may satisfy the debt by a written instrument other than by endorsement on a check for less than the full amount due.
History.—s. 1, ch. 71-94.
Notes of Decisions
Cited in 2
cases, 1982–1996 · leading case: Berman v. U.S. Financial Acceptance Corp.
Berman v. U.S. Financial Acceptance Corp. (1996)
“The trial court found that section 725.05, Florida Statutes (1993), which allows the satisfaction of a liquidated debt for less than the full amount due by execution of a written instrument was dispositive of the claim, rejecting the appellant’s contention that section 673.”
Nissim Hadjes, Inc. v. Hasner (1982)
“See § 725.05, Fla. Stat. (1979). See also 37 Am.”
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