What they don't want you to know!

Check county deadlines!!!

YOU CAN REQUEST TO CLAIM SURPLUS FUNDS FROM THE PROPERTY SOLD, HOW?

COMPLETE THE CLAIM FORM BEFORE THE DEADLINE FORMS AND INFORMATION BELOW

INFORMATION PROVIDED BY: DOCUMENTSANDNOTARY.COM NEED HELP WITH FORMS?

In Florida, a Florida property can be sold via a tax deed foreclosure sale after two years have passed since a tax certificate has been issued to, or purchased by, a certificate holder. A tax certificate in layman’s terms is a lien that is placed on the subject property for unpaid property taxes, according to Fla. Statute 197.432, however, it is not considered a lien until it is purchased by a third-party also known as the certificate holder Once the tax certificate is sold to a certificate holder, the legal titleholder of the Florida property has “two years from April 1 of the year of issuance of the tax certificate and before the cancellation of the certificate” (see Fla. Statute 197.502(1)) to payoff said tax certificate before the certificate holder is able to apply for a tax deed (foreclosure sale). Should the subject property go to a tax deed foreclosure sale, then this is the part where the attorney comes into play.

When a Florida property is sold at a Florida tax deed foreclosure sale there is a chance that there may be what is known as surplus funds left over after said sale. Tax deed foreclosure surplus funds are the funds that are remaining (and that have not been distributed) after the tax deed foreclosure sale of a Florida property, and that have been retained by the clerk of court for the benefit of the legal titleholder of the subject property, per Fla. Statute 197.502(2).

For example: If there is a tax certificate, or lien, for a Florida property in the amount of $5,000 and the subject property is sold at a Florida tax deed foreclosure sale for $80,000, then there will be a surplus in the amount of $75,000! Furthermore, should there not be any additional governmental liens, or encumbrances, on the subject property then the entirety of the $75,000 will be retained by the clerk of court for the benefit of the legal titleholder of the subject property.

Required documents for most FL counties:

  • W-9 completed and signed

  • Copy of DL/ ID