The Florida Senate

SB 1778: Redemption Rights and Deeds in Lieu of Foreclosure

GENERAL BILL by Garcia

Redemption Rights and Deeds in Lieu of Foreclosure; Citing this act as the “Redemption Procedures Improvement Act”; providing that a defendant, a property owner, or a holder of a subordinate interest in real property may cure a defendant’s indebtedness to prevent the sale of such real property; providing that the right of redemption by an owner of real property subject to redemption is not waivable; authorizing the transfer of a lien claimed to encumber real or personal property by certain persons; prohibiting a mortgagee or its designee from acquiring interest, right to legal title, or right of possession to a mortgagee’s property, etc.

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• Bill History

  Date	Chamber	Action
  2/28/2025	Senate	• Filed
  3/7/2025	Senate	• Referred to Banking and Insurance; Judiciary; Rules
  3/10/2025	Senate	• Introduced
  5/3/2025	Senate	• Indefinitely postponed and withdrawn from consideration

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• SB 1778, Original Filed Version (Current Bill Version) Posted 2/28/2025 at 3:32 PM

  Bill Text:	Web Page | PDF

  Analyses:	None

  Citations - Statutes (6)

  Citation	Catchline	Location in Bill Location In Bill Help
  45.0315	Right of redemption.	Page 4 (pdf)
  45.0316		Page 7 (pdf)
  679.612	Timeliness of notification before disposition of collateral.	Page 10 (pdf)
  697.02	Nature of a mortgage.	Page 11 (pdf)
  702.01	Equity.	Page 11 (pdf)
  702.011		Page 11 (pdf)

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