Florida  |  Real Estate Law

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3/29/08, 5:38 pm

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Non Recourse Loan, Recourse State Florida

I have a Purchase Money Loan (Both the First & Second are stamped Non Recourse)

which is being Forclosed upon in the State of Florida, which I understand to be a Recourse State. Since the loans are Non Recourse am I protected against them comming after my assests for any deficiency, even though the state of Florida is a Recourse State?


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