Legal Opinion

Bluewater, Inc. v. Ctr. St. Lending Fund IV Spe, LLC

District Court of Appeal of Florida

Decided November 21, 2018No. 4D18-3152Published

1Per curiam

We summarily affirm the trial court's order requiring sequestration of rents under section 697.07(4), Florida Statutes (2018). The statute allows sequestration of rents 'notwithstanding any asserted defenses or counterclaims of the mortgagor.' Id. (emphasis supplied). "In ruling on a motion to sequester rents, a court should refrain from conclusively ruling on affirmative defenses." Tidewater Estates Co-Op, Inc. v. U.S. Bank Nat. Ass'n , 83 So.3d 912 (Fla. 4th DCA 2012). Usury is an affirmative defense. Cerrito v. Kovitch , 423 So.2d 1008, 1010 (Fla. 4th DCA 1982), approved, 457 So.2d 1021…

2Cases cited3 opinions

  1. Cerrito v. KovitchSupreme Court of Florida · 1984
  2. Cerrito v. KovitchDistrict Court of Appeal of Florida · 1982
  3. Tidewater Estates Co-Op, Inc. v. U.S. Bank National Ass'nDistrict Court of Appeal of Florida · 2012

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API