Florida Statute 877.10 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XLVI
CRIMES

Chapter 877
MISCELLANEOUS CRIMES

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F.S. 877.10

877.10 Real property; dual contracts prohibited.—

(1) It is unlawful for any person to knowingly make, issue, deliver, or receive dual contracts for the purchase or sale of real property. Dual contracts, either written or oral, are two contracts concerning the same parcel of real property, one of which states the true and actual purchase price and one of which states a purchase price in excess of the true and actual purchase price and is used as an inducement for mortgage investors to make a loan commitment on such real property in reliance upon the stated inflated value.

(2) Any violation of this section is a misdemeanor of the second degree, punishable as provided in s. 775.082 or s. 775.083.

History.—s. 1, ch. 65-531; s. 1155, ch. 71-136.

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Amendments to 877.10

Arrestable Offenses / Crimes under Fla. Stat. 877.10

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

S877.10 - FRAUD - DUAL CONTRACTS FOR REAL PROPERTY - M: S

Annotations, Discussions, Cases:

Cases Citing Statute 877.10

Total Results: 2

Cliff Berry, Inc. v. State

Court: District Court of Appeal of Florida | Date Filed: 2012-01-04

Citation: 116 So. 3d 394, 2012 WL 10846, 2012 Fla. App. LEXIS 37

Snippet: a contract may underlie a conviction, e.g., § 877.10(1), Fla. Stat. (2009) (prohibiting the making of

Scripto, Inc. v. Carson

Court: Supreme Court of Florida | Date Filed: 1958-10-17

Citation: 105 So. 2d 775

Snippet: Tax Commission v. General Trading Co., 233 Iowa 877, 10 N.W.2d 659, 153 A.L.R. 602. We now devote our attention