Erskine Florida Properties, Inc. v. Hartwell

We find no error in the issues raised by appellant and therefore affirm. Provided, however, the award of prejudgment interest is incorrectly calculated. Interest accrued at the rate of six percent (6%) per annum to July 1, 1982, the effective date of an amendment to Section 687.01, Florida Statutes (Supp.1982). From July 1, 1982, to the date of judgment, July 19, 1983, interest should have been calculated at twelve percent (12%) per annum. See Meigs & Cope Agency of Florida, Inc. v. Koffey, 435 So.2d 867 (Fla.3d DCA 1983). Cf. Glades County, Fla. v. Kurtz, 101 F.2d 759 (5th Cir.1939). See…