Investors could get clarification on liens imposed after final judgment if the Florida Supreme Court accepts jurisdiction over a closely watched municipal foreclosure.
The question to the high court, certified by a divided appellate panel, is whether a bank’s formal public notice, or lis pendens, at the start of foreclosure proceedings bars a local government’s constitutional right under Florida law to enforce code violations on distressed property. The question targets property after a foreclosure judgment but before the real estate changes hands in a judicial sale.
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