Florida Statute 726.104 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XLI
STATUTE OF FRAUDS, FRAUDULENT TRANSFERS, AND GENERAL ASSIGNMENTS

Chapter 726
FRAUDULENT TRANSFERS

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F.S. 726.104

726.104 Value.—

(1) Value is given for a transfer or an obligation if, in exchange for the transfer or obligation, property is transferred or an antecedent debt is secured or satisfied, but value does not include an unperformed promise made otherwise than in the ordinary course of the promisor’s business to furnish support to the debtor or another person.

(2) For the purposes of ss. 726.105(1)(b) and 726.106, a person gives a reasonably equivalent value if the person acquires an interest of the debtor in an asset pursuant to a regularly conducted, noncollusive foreclosure sale or execution of a power of sale for the acquisition or disposition of the interest of the debtor upon default under a mortgage, deed of trust, or security agreement.

(3) A transfer is made for present value if the exchange between the debtor and the transferee is intended by them to be contemporaneous and is in fact substantially contemporaneous.

History.—s. 4, ch. 87-79.

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Amendments to 726.104

Annotations, Discussions, Cases:

Cases Citing Statute 726.104

Total Results: 16

Wiand v. Waxenberg

611 F. Supp. 2d 1299, 2009 U.S. Dist. LEXIS 22559, 2009 WL 728546

District Court, M.D. Florida | Filed: Mar 19, 2009 | Docket: 1831080

Cited 16 times | Published

support to the debtor or another person. Fla. Stat. § 726.104(1). In assessing whether value was given, the

Baxst v. Levenson (In Re Goldberg)

229 B.R. 877, 1998 Bankr. LEXIS 1756

United States Bankruptcy Court, S.D. Florida. | Filed: Sep 29, 1998 | Docket: 138566

Cited 9 times | Published

DEBTOR RECEIVED REASONABLY EQUIVALENT VALUE UNDER § 726.104(1). Florida Statutes §§ 726.105(1)(b)[3] and 726

Bakst v. United States (In re Kane & Kane)

479 B.R. 617, 2012 Bankr. LEXIS 3223

United States Bankruptcy Court, S.D. Florida. | Filed: Jul 16, 2012 | Docket: 65784363

Cited 7 times | Published

antecedent debt is secured or satisfied.” Fla. Stat. § 726.104. “By its terms and applications, the concept of

In Re Vilsack

356 B.R. 546

United States Bankruptcy Court, S.D. Florida. | Filed: Sep 18, 2006 | Docket: 1808799

Cited 3 times | Published

exchange for present value pursuant to Fla. Stat. § 726.104(3). While the Court finds that the Letter Agreement

Welch v. Regions Bank (In re Mongelluzzi)

591 B.R. 480

United States Bankruptcy Court, M.D. Florida | Filed: Jul 18, 2018 | Docket: 65790865

Cited 2 times | Published

indebtedness constitutes reasonably equivalent value. Section 726.104 and 11 U.S.C. § 548(d)(2) specifically define

Welch v. Regions Bank (In re Mongelluzzi)

587 B.R. 392

United States Bankruptcy Court, M.D. Florida | Filed: Jun 20, 2018 | Docket: 65790649

Cited 2 times | Published

creditors, are virtually identical. Fla. Stat. § 726.104(1). In re Evergreen Sec., Ltd. , 319 B.R. 245

Langdale Capital Assets, Inc. v. Woodard (In re Berkman)

517 B.R. 288

United States Bankruptcy Court, M.D. Florida | Filed: Sep 29, 2014 | Docket: 65786709

Cited 2 times | Published

the Court will first address that issue. Section 726.104(1), Florida Statutes, states, in part, that

National Maritime Services, Inc. v. Straub

979 F. Supp. 2d 1322, 2013 WL 5770677, 2013 U.S. Dist. LEXIS 152869

District Court, S.D. Florida | Filed: Oct 24, 2013 | Docket: 65995101

Cited 2 times | Published

Stat. § 726.109(6)(a). Under Florida Statute Section 726.104(1), “[v]alue is given for a transfer ... if

Liberatore v. 21st Century Satellite Communications, Inc. (In Re 21st Century Satellite Communications, Inc.)

278 B.R. 577, 15 Fla. L. Weekly Fed. B 188, 2002 Bankr. LEXIS 559, 2002 WL 1160722

United States Bankruptcy Court, M.D. Florida | Filed: May 15, 2002 | Docket: 1734792

Cited 2 times | Published

"reasonable equivalent value." While Fla. Stat. § 726.104, generally defines what value is, what is "reasonable

Yip v. Connedx Corp. (In re Gomez)

560 B.R. 866, 26 Fla. L. Weekly Fed. B 101, 76 Collier Bankr. Cas. 2d 1161, 2016 Bankr. LEXIS 3955

United States Bankruptcy Court, S.D. Florida. | Filed: Nov 10, 2016 | Docket: 65789304

Cited 1 times | Published

11 U.S.C. § 548(d)(2)(A); see also Fla. Stat. § 726.104(1). The Stock had no value. Neither the Debtor

Welch v. Synovus Bank

517 B.R. 269, 2014 U.S. Dist. LEXIS 86432, 2014 WL 2882938

District Court, M.D. Florida | Filed: Jun 25, 2014 | Docket: 65516876

Cited 1 times | Published

or an antecedent debt is satisfied. Fla. Stat. § 726.104(1). The Trustee does not allege any fact suggestive

Kapila v. Bennett (In re Pearlman)

472 B.R. 115

United States Bankruptcy Court, M.D. Florida | Filed: May 25, 2012 | Docket: 65783906

Cited 1 times | Published

Exhibit A in Case No. 9-ap-231. . Fla. Stat. § 726.104; 11 U.S.C. § 548(d)(2)(A). See Perkins, 661 F

MANE FL CORP v. CALE BECKMAN and MALGORZATA BECKMAN

District Court of Appeal of Florida | Filed: Jan 4, 2023 | Docket: 66698547

Published

an antecedent debt is secured or satisfied[.]” § 726.104(1), Fla. Stat. (2017) (emphasis added). The

Manchec v. Manchec

951 So. 2d 1026, 2007 Fla. App. LEXIS 4585, 2007 WL 911838

District Court of Appeal of Florida | Filed: Mar 28, 2007 | Docket: 64849771

Published

“unperformed promise” within the meaning of section 726.104(1), Florida Statutes (2006). The statutory

Bakst v. O'Connor & Taylor Development Corp.

356 B.R. 546, 20 Fla. L. Weekly Fed. B 73, 2006 Bankr. LEXIS 3262

United States Bankruptcy Court, S.D. Florida. | Filed: Sep 18, 2006 | Docket: 65783178

Published

exchange for present value pursuant to Fla. Stat. § 726.104(3). While the Court finds that the Letter Agreement

Ming Properties, Inc. v. Stardust Marine S.A.

741 So. 2d 554, 1999 Fla. App. LEXIS 10098, 1999 WL 543278

District Court of Appeal of Florida | Filed: Jul 28, 1999 | Docket: 64791058

Published

relieved the Asseos from their burden of debt. Section 726.104(1) states that “[v]alue is given for a transfer