Florida Senate - 2025                        COMMITTEE AMENDMENT
       Bill No. SB 48
       
       
       
       
       
       
                                Ì698220~Î698220                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  02/11/2025           .                                
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       The Committee on Judiciary (Garcia) recommended the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete everything after the enacting clause
    4  and insert:
    5         Section 1. Section 45.031, Florida Statutes, is amended to
    6  read:
    7         45.031 Judicial sales procedure.—In any sale of real or
    8  personal property under an order or a judgment, the procedures
    9  provided in this section and ss. 45.0315-45.035 must may be
   10  followed unless the court orders the use of alternate sales
   11  procedures under s. 45.0311 or s. 45.03112 as an alternative to
   12  any other sale procedure if so ordered by the court.
   13         (1) FINAL JUDGMENT.—
   14         (a) In the order or final judgment, the court shall direct
   15  the clerk to sell the property at public sale on a specified day
   16  that is no shall be not less than 45 20 days or more than 60 35
   17  days after the date thereof, on terms and conditions specified
   18  in the order or judgment. A sale may be held more than 35 days
   19  after the date of final judgment or order if the plaintiff or
   20  plaintiff’s attorney consents to such time. The final judgment
   21  must shall contain the following statement in conspicuous type:
   22  
   23         IF THIS PROPERTY IS SOLD AT PUBLIC AUCTION, THERE MAY
   24         BE ADDITIONAL MONEY FROM THE SALE AFTER PAYMENT OF
   25         PERSONS WHO ARE ENTITLED TO BE PAID FROM THE SALE
   26         PROCEEDS PURSUANT TO THIS FINAL JUDGMENT.
   27  
   28         IF YOU ARE A SUBORDINATE LIENHOLDER CLAIMING A RIGHT
   29         TO FUNDS REMAINING AFTER THE SALE, IF ANY, YOU MUST
   30         FILE A CLAIM WITH THE CLERK NO LATER THAN THE DATE
   31         THAT THE CLERK REPORTS THE FUNDS AS UNCLAIMED. IF YOU
   32         FAIL TO FILE A TIMELY CLAIM, YOU WILL NOT BE ENTITLED
   33         TO ANY REMAINING FUNDS.
   34  
   35         (b) If the property being foreclosed on has qualified for
   36  the homestead tax exemption in the most recent approved tax
   37  roll, the final judgment must shall additionally contain the
   38  following statement in conspicuous type:
   39  
   40         IF YOU ARE THE PROPERTY OWNER, YOU MAY CLAIM THESE
   41         FUNDS YOURSELF. YOU ARE NOT REQUIRED TO HAVE A LAWYER
   42         OR ANY OTHER REPRESENTATION AND YOU DO NOT HAVE TO
   43         ASSIGN YOUR RIGHTS TO ANYONE ELSE IN ORDER FOR YOU TO
   44         CLAIM ANY MONEY TO WHICH YOU ARE ENTITLED. PLEASE
   45         CHECK WITH THE CLERK OF THE COURT, ...(INSERT
   46         INFORMATION FOR APPLICABLE COURT)... WITHIN TEN (10)
   47         DAYS AFTER THE SALE TO SEE IF THERE IS ADDITIONAL
   48         MONEY FROM THE FORECLOSURE SALE THAT THE CLERK HAS IN
   49         THE REGISTRY OF THE COURT.
   50  
   51         IF YOU DECIDE TO SELL YOUR HOME OR HIRE SOMEONE TO
   52         HELP YOU CLAIM THE ADDITIONAL MONEY, YOU SHOULD READ
   53         VERY CAREFULLY ALL PAPERS YOU ARE REQUIRED TO SIGN,
   54         ASK SOMEONE ELSE, PREFERABLY AN ATTORNEY WHO IS NOT
   55         RELATED TO THE PERSON OFFERING TO HELP YOU, TO MAKE
   56         SURE THAT YOU UNDERSTAND WHAT YOU ARE SIGNING AND THAT
   57         YOU ARE NOT TRANSFERRING YOUR PROPERTY OR THE EQUITY
   58         IN YOUR PROPERTY WITHOUT THE PROPER INFORMATION. IF
   59         YOU CANNOT AFFORD TO PAY AN ATTORNEY, YOU MAY CONTACT
   60         ...(INSERT LOCAL OR NEAREST LEGAL AID OFFICE AND
   61         TELEPHONE NUMBER)... TO SEE IF YOU QUALIFY FINANCIALLY
   62         FOR THEIR SERVICES. IF THEY CANNOT ASSIST YOU, THEY
   63         MAY BE ABLE TO REFER YOU TO A LOCAL BAR REFERRAL
   64         AGENCY OR SUGGEST OTHER OPTIONS. IF YOU CHOOSE TO
   65         CONTACT ...(NAME OF LOCAL OR NEAREST LEGAL AID
   66         OFFICE)... FOR ASSISTANCE, YOU SHOULD DO SO AS SOON AS
   67         POSSIBLE AFTER RECEIPT OF THIS NOTICE.
   68  
   69         (c) A copy of the final judgment must shall be furnished by
   70  the clerk by first-class mail to the last known address of every
   71  party to the action or to the attorney of record for such party.
   72  Any irregularity in such mailing, including the failure to
   73  include this statement in any final judgment or order, does
   74  shall not affect the validity or finality of the final judgment
   75  or order or any sale held pursuant to the final judgment or
   76  order. Any sale held more than 60 35 days after the final
   77  judgment or order does shall not affect the validity or finality
   78  of the final judgment or order or any sale held pursuant to such
   79  judgment or order.
   80         (2) PUBLICATION OF SALE.—Notice of sale must shall be
   81  published on a publicly accessible website as provided in s.
   82  50.0311 for at least 2 consecutive weeks before the sale or once
   83  a week for 2 consecutive weeks in a newspaper of general
   84  circulation, as provided in chapter 50, published in the county
   85  where the sale is to be held. The second publication by
   86  newspaper must shall be at least 5 days before the sale. The
   87  notice must shall contain:
   88         (a) A description of the property to be sold.
   89         (b) The time and place of sale.
   90         (c) A statement that the sale will be made pursuant to the
   91  order or final judgment.
   92         (d) The caption of the action.
   93         (e) The name of the clerk making the sale.
   94         (f) A statement that any person claiming an interest in the
   95  surplus from the sale, if any, other than the property owner as
   96  of the date of the lis pendens must file a claim before the
   97  clerk reports the surplus as unclaimed.
   98  
   99  The court may, in its discretion, extend may enlarge the time of
  100  the sale. Notice of the changed time of sale must shall be
  101  published as provided herein.
  102         (3) CONDUCT OF SALE; DEPOSIT REQUIRED.—The sale must shall
  103  be conducted at public auction at the time and place set forth
  104  in the final judgment. The clerk shall receive the service
  105  charge imposed in s. 45.035 for services in making, recording,
  106  and certifying the sale and title that must shall be assessed as
  107  costs. At the time of the sale, the successful high bidder must
  108  shall post with the clerk a deposit equal to 5 percent of the
  109  final bid. The deposit must shall be applied to the sale price
  110  at the time of payment. If final payment is not made within the
  111  prescribed period, the clerk must shall readvertise the sale as
  112  provided in this section and pay all costs of the sale from the
  113  deposit. Any remaining funds must shall be applied toward the
  114  judgment.
  115         (4) CERTIFICATION OF SALE.—After a sale of the property the
  116  clerk shall promptly file a certificate of sale and serve a copy
  117  of it on each party in substantially the following form:
  118  
  119  (Caption of Action)
  120  
  121                         CERTIFICATE OF SALE                       
  122  
  123         The undersigned clerk of the court certifies that notice of
  124  public sale of the property described in the order or final
  125  judgment was published in ...., a newspaper circulated in ....
  126  County, Florida, in the manner shown by the proof of publication
  127  attached, and on ...., ...(year)..., the property was offered
  128  for public sale to the highest and best bidder for cash. The
  129  highest and best bid received for the property in the amount of
  130  $.... was submitted by ...., to whom the property was sold. The
  131  proceeds of the sale are retained for distribution in accordance
  132  with the order or final judgment or law. WITNESS my hand and the
  133  seal of this court on ...., ...(year)....
  134  ...(Clerk)...
  135  By ...(Deputy Clerk)...
  136  
  137         (5) CERTIFICATE OF TITLE.—If no objections to the sale are
  138  filed within 10 days after filing the certificate of sale, the
  139  clerk must shall file a certificate of title and serve a copy of
  140  it on each party in substantially the following form:
  141  
  142  (Caption of Action)
  143  
  144                        CERTIFICATE OF TITLE                       
  145  
  146         The undersigned clerk of the court certifies that he or she
  147  executed and filed a certificate of sale in this action on ....,
  148  ...(year)..., for the property described herein and that no
  149  objections to the sale have been filed within the time allowed
  150  for filing objections.
  151         The following property in .... County, Florida:
  152                            (description)                          
  153  was sold to .................................
  154  
  155  WITNESS my hand and the seal of the court on ...., ...(year)....
  156  ...(Clerk)...
  157  By ...(Deputy Clerk)...
  158  
  159         (6) CONFIRMATION; RECORDING.—When the certificate of title
  160  is filed the sale stands shall stand confirmed, and title to the
  161  property passes shall pass to the purchaser named in the
  162  certificate without the necessity of any further proceedings or
  163  instruments. The certificate of title must shall be recorded by
  164  the clerk.
  165         (7) DISBURSEMENTS OF PROCEEDS.—
  166         (a) On filing a certificate of title, the clerk shall
  167  disburse the proceeds of the sale in accordance with the order
  168  or final judgment and shall file a report of such disbursements
  169  and serve a copy of it on each party, and on the Department of
  170  Revenue if the department was named as a defendant in the action
  171  or if the Department of Commerce or the former Agency for
  172  Workforce Innovation was named as a defendant while the
  173  Department of Revenue was providing reemployment assistance tax
  174  collection services under contract with the Department of
  175  Commerce or the former Agency for Workforce Innovation through
  176  an interagency agreement pursuant to s. 443.1316.
  177         (b) The certificate of disbursements must shall be in
  178  substantially the following form:
  179  
  180  (Caption of Action)
  181  
  182                    CERTIFICATE OF DISBURSEMENTS                   
  183  
  184         The undersigned clerk of the court certifies that he or she
  185  disbursed the proceeds received from the sale of the property as
  186  provided in the order or final judgment to the persons and in
  187  the amounts as follows:
  188  Name                                                      Amount
  189  
  190                     Total disbursements: $....                    
  191              Surplus retained by clerk, if any: $....             
  192  
  193  IF YOU ARE A PERSON CLAIMING A RIGHT TO FUNDS REMAINING AFTER
  194  THE SALE, YOU MUST FILE A CLAIM WITH THE CLERK NO LATER THAN THE
  195  DATE THAT THE CLERK REPORTS THE FUNDS AS UNCLAIMED. IF YOU FAIL
  196  TO FILE A CLAIM, YOU WILL NOT BE ENTITLED TO ANY REMAINING
  197  FUNDS. AFTER THE FUNDS ARE REPORTED AS UNCLAIMED, ONLY THE OWNER
  198  OF RECORD AS OF THE DATE OF THE LIS PENDENS MAY CLAIM THE
  199  SURPLUS.
  200  
  201  WITNESS my hand and the seal of the court on ...., ...(year)....
  202  ...(Clerk)...
  203  By ...(Deputy Clerk)...
  204  
  205         (c) If no objections to the report are filed served within
  206  10 days after the report it is filed, the disbursements by the
  207  clerk shall stand approved as reported. If timely objections to
  208  the report are filed, the party who filed such objections must
  209  served, they shall be heard by the court. Filing or service of
  210  objections to the report does not affect or cloud the title of
  211  the purchaser of the property in any manner.
  212         (d) If any there are funds remain remaining after payment
  213  of all disbursements required by the final judgment of
  214  foreclosure and shown on the certificate of disbursements, the
  215  surplus must shall be distributed as provided in this section
  216  and ss. 45.0315-45.035.
  217         (8) VALUE OF PROPERTY.—The amount of the bid for the
  218  property at the sale is shall be conclusively presumed to be
  219  sufficient consideration for the sale. Any party may file serve
  220  an objection to the amount of the bid within 10 days after the
  221  clerk files the certificate of sale. If timely objections to the
  222  bid are filed, the party who filed such objections must served,
  223  the objections shall be heard by the court. Filing or service of
  224  objections to the amount of the bid does not affect or cloud the
  225  title of the purchaser in any manner. If the case is one in
  226  which a deficiency judgment may be sought and application is
  227  made for a deficiency, the amount bid at the sale may be
  228  considered by the court as one of the factors in determining a
  229  deficiency under the usual equitable principles.
  230         (9) EXECUTION SALES.—This section does shall not apply to
  231  property sold under executions.
  232         (10) ELECTRONIC SALES.—The clerk may conduct the sale of
  233  real or personal property under an order or judgment pursuant to
  234  this section by electronic means. Such electronic sales must
  235  shall comply with the procedures provided in this chapter,
  236  except that electronic proxy bidding must shall be allowed and
  237  the clerk may require bidders to advance sufficient funds to pay
  238  the deposit required by subsection (3). The clerk shall provide
  239  access to the electronic sale by computer terminals open to the
  240  public at a designated location and shall accept an advance
  241  credit proxy bid from the plaintiff of any amount up to the
  242  maximum allowable credit bid of the plaintiff. A clerk who
  243  conducts such electronic sales may receive electronic deposits
  244  and payments related to the sale.
  245         Section 2. Section 45.0311, Florida Statutes, is created to
  246  read:
  247         45.0311 Alternative judicial sales procedures.—
  248         (1)SHORT TITLE.—The section may be cited as the
  249  “Transparency in Alternative Judicial Sales Procedures Act.”
  250         (2)PURPOSE.—The purpose of this section is to:
  251         (a)Recognize that alternatives to the judicial sales
  252  procedures under s. 45.031 are beneficial in certain
  253  proceedings, due to the nature of the real or personal property
  254  to be sold under an order or a judgment, to maximize the
  255  potential sales proceeds, including the net proceeds thereof,
  256  for the benefit of all parties, including the property owner.
  257         (b)Recognize that transparency is necessary for all
  258  alternative procedures to prevent overreach by any party, avoid
  259  fraud, and maximize the sales price while minimizing expenses
  260  and delays.
  261         (c)Recognize that persons facilitating alternative sales
  262  and handling deposits and sales proceeds, including surplus
  263  proceeds, must be qualified, independent, and not related to any
  264  party or the attorneys for a party and must be subject to the
  265  provisions of this section and the jurisdiction of the court.
  266         (3)REQUEST FOR ALTERNATIVE JUDICIAL SALES PROCEDURES.—Any
  267  party, including the property owner, may file a motion for the
  268  use of alternative sales procedures in the court where the
  269  action is pending. The motion must contain, at a minimum, all of
  270  the following:
  271         (a)A description of the property to be sold.
  272         (b)A short narrative addressing why the court should
  273  authorize alternative sales procedures for the sale of real or
  274  personal property and how such alternative sales procedures
  275  would maximize the sales price, including the net proceeds of
  276  the sale.
  277         (c)The requested sales procedures, including the manner,
  278  date, time, place, method of sale, advertising, and manner of
  279  publication.
  280         (d)An express statement of whether the sale will be
  281  conducted by the clerk of the circuit court or another person.
  282         (e)An express statement of whether bids, deposits, and
  283  sales proceeds will be received and handled by the clerk of the
  284  circuit court or another person.
  285         (f)For all persons to be employed under s. 43.0312 to
  286  conduct an aspect of the sale or to handle deposits or sales
  287  proceeds, including any surplus proceeds, the declaration
  288  required by s. 45.0312 for such person addressing his or her
  289  qualifications. This declaration may be attached to the motion.
  290         (g)If the movant is not the property owner, a separate
  291  written joinder or the consent from the property owner, either
  292  of which must be contemporaneous to and reference this motion.
  293         (h)In the body or as an attachment thereto, a proposed
  294  notice for publication of the sale and bidding procedures for
  295  the sale.
  296         (4)MINIMUM REQUIREMENTS FOR ALTERNATIVE SALES.—An
  297  alternative sales procedure must meet all of the following
  298  minimum requirements:
  299         (a)A hearing must be held in response to a motion filed
  300  under subsection (3) and the hearing date must be at least 20
  301  days after the date the motion is filed.
  302         (b)The property owner must be joined or have consented to
  303  the motion under subsection (3) at the time of filing or by the
  304  end of the hearing required under paragraph (a).
  305         (c)There may be only one set of bidding procedures. Each
  306  bidder must follow the same procedures and receive the same
  307  information relating to the sale of the real or personal
  308  property. Preferences or advantages may not be given to any
  309  party, person, or bidder.
  310         (d)Publication of the notice of sale must meet or exceed
  311  the requirements of s. 45.031(2) and include the requirements of
  312  the sale and the requirements of this subsection.
  313         (e)Credit bid rights must be limited to the amount owed to
  314  the creditor or lienholder as provided in the order or final
  315  judgment that determined such amount. Any overbid amount must be
  316  paid in cash.
  317         (f)As a prerequisite to bidding, a deposit of 5 percent of
  318  a bidder’s presale high bid amount must be posted in cash, by
  319  wire transfer, or by cashier’s check, and a process must be in
  320  place for returning such funds to a bidder that is not the
  321  winning bidder.
  322         (g)The highest cash bidder must win the bid.
  323         (h)The winning bidder must post a deposit of 5 percent of
  324  the winning bid before 5 p.m. of the day after the auction sale,
  325  and such deposit is forfeited if the bidder fails to make the
  326  final payment by the required closing date.
  327         (i)The date to close and consummate the sale must be
  328  within 30 days after the date of the sale auction, and the
  329  winning bidder forfeits his or her bid if the final payment is
  330  not made by such date.
  331         (j)The sale must be held at least 45 days after the entry
  332  of the court’s order authorizing an alternative sales procedure
  333  under this section.
  334         (k)The place of sale must be the county where the action
  335  is pending, unless the filing party and property owner consent
  336  in writing to a specific location outside of the county which is
  337  open and freely available to the public, without any
  338  restriction, at the time of the sale and which includes Internet
  339  access.
  340         (l)The bid instructions must specify whether backup
  341  bidders are authorized and the terms and conditions for such
  342  bidders.
  343         (m)The winning bidder must pay all fees of the clerk of
  344  the court, including registry fees that may not be waved by the
  345  court, on the high bid amount, as prescribed by ss. 28.24(11)
  346  and 45.035(1).
  347  
  348  The requirements of this subsection may not be waived.
  349         (5)POSSESSION OF DEPOSITS AND PAYMENTS.—
  350         (a)If the bidder’s deposit, the bid amount, or any other
  351  funds paid by a bidder or a party are not held by the clerk of
  352  the court, the funds or cashier’s check must be held in an
  353  escrow or trust account by a person appointed by the court
  354  pursuant to s. 45.0312.
  355         (b)For all deposits and sales held by a clerk, the funds
  356  are subject to the service charge in s. 28.24 and may not be
  357  waived by the court.
  358         (6)CERTIFICATION OF SALE.—After a sale of a property
  359  pursuant to this section, the person who conducted the sale, or
  360  its attorney, must promptly file a certificate of sale and serve
  361  a copy on each party in substantially the following form:
  362  
  363  (Caption of Action)
  364  
  365                    CERTIFICATE OF JUDICIAL SALE                   
  366  
  367         The undersigned clerk of the court certifies that notice of
  368  public sale of the property described in the order and the
  369  approved sale notice were published by ....(include all
  370  locations of publication)...., in the manner shown by attached,
  371  and on ...., ...(year)..., the property was offered for public
  372  sale to the highest and best bidder for cash. The highest and
  373  best bid received for the property in the amount of $.... was
  374  submitted by ...., to whom the property was sold, and such
  375  bidder paid $.... as of this date ....(insert deadline to close
  376  sale).... . The proceeds of the sale are retained for
  377  distribution in accordance with the order or final judgment or
  378  ss. 45.0311 and 45.0315-45.035, Florida Statutes. WITNESS my
  379  hand and the seal of this court on ...., ...(year)....
  380  ...(...)...
  381  By ...(...)...
  382  
  383         (7)OBJECTIONS TO SALE.—Objections to the sale must be
  384  filed within 10 days after filing the certificate of judicial
  385  sale. If timely objections to the certificate of judicial sale
  386  are filed, the court must hear from the party who filed such
  387  objections.
  388         (8)CERTIFICATE OF RECEIPT OF SALE PROCEEDS.—If the sale is
  389  conducted by a person other than the clerk, such person must
  390  file a certificate of receipt of sales proceeds at the same time
  391  the certificate of judicial sale is filed and must file
  392  additional certificates of receipt of sales proceeds within 1
  393  business day after the receipt of additional sums from the high
  394  bidder or backup bidder.
  395         (9)BACKUP BIDDER.—If the high bidder fails to make the
  396  final payment by the required sale closing date, the deposit is
  397  forfeited and must first be used to pay all costs of the sale,
  398  after which any remaining sums must be applied toward the
  399  judgment. In such a circumstance, the person conducting the sale
  400  shall notify the backup bidder that he or she must timely make
  401  payment by the deadline for backup bidders and file a
  402  certificate of forfeiture and an amended certificate of sale
  403  identifying the backup bidder as the winning bidder and the sale
  404  price and details applicable to such bidder.
  405         (10)CERTIFICATE OF TITLE.—If no objections to the sale are
  406  timely filed or the court has not entered an order overruling
  407  any objection to the sale, and if the purchase price and clerk
  408  fees have been paid, the person conducting the sale must file a
  409  notice that confirms that the sale is consummated, names the
  410  bidder purchasing the property, and states that a certificate of
  411  title is ready to be issued by the clerk of the circuit court.
  412  After filing such notice, or, for sales conducted by the clerk
  413  of the court, after receipt of the purchase price and clerk
  414  fees, the clerk shall file a certificate of title and serve a
  415  copy of such title on each party in substantially the following
  416  form:
  417  
  418  (Caption of Action)
  419  
  420                        CERTIFICATE OF TITLE                       
  421  
  422         The undersigned clerk of the court certifies that in
  423  accordance with the certificate of sale and consummation of sale
  424  filed in this action on ...., ...(year)..., for:
  425         The following property in .... County, Florida:
  426                            (description)                          
  427  was sold to ................................, and that no
  428  objections to the sale have been filed within the time allowed
  429  for filing objections or have been determined.
  430  
  431  WITNESS my hand and the seal of the court on ...., ...(year)....
  432  ...(Clerk)...
  433  By ...(Deputy Clerk)...
  434  
  435         (11)CONFIRMATION; RECORDING.—When the certificate of title
  436  is filed, the sale stands confirmed and the title to the
  437  property passes to the purchaser named in such certificate
  438  without the need of any other proceeding or instrument. The
  439  clerk of the circuit court shall record the certificate of
  440  title.
  441         (12)DISBURSEMENT OF PROCEEDS.—If the sale is conducted by
  442  a person other than the clerk of the circuit court, such person
  443  is authorized to disburse the sale proceeds as expressly
  444  authorized by the court order, but any surplus funds must be
  445  deposited with the clerk of the court together with court fees
  446  under ss. 28.24 and 45.031(1). For sales conducted by the clerk,
  447  s. 45.031(7) governs.
  448         (13)SURPLUS FUNDS.—The requirements related to
  449  distribution of surplus funds by the clerk as provided in ss.
  450  45.031(1), 45.032, 45.033, and 45.035(2) apply and may not be
  451  waived by a court.
  452         (14)VALUE OF PROPERTY.—Section 45.031(8) applies to sales
  453  conducted under this section.
  454         (15)REDEMPTION OF RIGHTS.—Section 45.0315 applies to sales
  455  conducted under this section.
  456         Section 3. Section 45.0312, Florida Statutes, is created to
  457  read:
  458         45.0312 Appointment of auctioneers and escrow agents for
  459  alternative judicial sales.—
  460         (1)AUCTIONEERS AND SALE PROFESSIONALS.—Subject to court
  461  approval, after a motion and a hearing held no later than 20
  462  days after notice for such hearing, a person may serve as an
  463  auctioneer, or in another professional role necessary to the
  464  alternative sales procedure authorized by the court under s.
  465  45.0311, only if such person:
  466         (a)Is an auctioneer licensed under part VI of chapter 468,
  467  a real estate broker licensed under chapter 475 and in good
  468  standing for the preceding 5 years, an attorney who is a member
  469  in good standing with The Florida Bar and has been practicing
  470  for at least 5 years, or a title insurer authorized to transact
  471  business in this state pursuant to s. 624.401 and in good
  472  standing for the preceding 5 years;
  473         (b)Is insured individually or under an entity policy for
  474  errors and omissions with a minimum of $250,000 per incident and
  475  a deductible of no more than $10,000, or a fidelity bond of no
  476  less than $50,000 or such higher coverage or bond amounts as the
  477  court may require;
  478         (c)Declares in writing under penalty of perjury that he or
  479  she is eligible under this subsection and independent as
  480  required by subsection (3); and
  481         (d)Has such additional qualifications as the court
  482  requires.
  483         (2)ESCROW AGENTS.—Subject to court approval, after a
  484  motion and a hearing held no less than 20 days after notice for
  485  such hearing, a person may serve as an escrow agent for the
  486  handling of deposits and sales proceeds necessary to the
  487  alternative sales procedures authorized by the court under s.
  488  45.0311 only if such person:
  489         (a)Is a qualified public depository as defined in s.
  490  280.02;
  491         (b)Is a title insurance agent licensed pursuant to s.
  492  626.8417, a title insurance agency licensed pursuant to s.
  493  626.8418, or a title insurer authorized to transact business in
  494  this state pursuant to s. 624.401; has been in good standing for
  495  the preceding 5 years; and such person’s trust and escrow
  496  accounts are maintained with a qualified public depository as
  497  defined in s. 280.02;
  498         (c)Is an attorney who is a member in good standing of The
  499  Florida Bar who has been practicing law for at least 5 years;
  500  such person’s trust account is maintained with a qualified
  501  public depository as defined in s. 280.02; and such person is
  502  insured individually or under an entity policy for errors and
  503  omissions with a minimum of $250,000 per incident and a
  504  deductible of no more than $10,000 or a fidelity bond of no less
  505  than $50,000, or such higher coverage or bond amounts as the
  506  court may require; and
  507         (d)Declares in writing under penalty of perjury that such
  508  person is eligible under this subsection and independent as
  509  required by subsection (3).
  510         (3)INDEPENDENCE.—
  511         (a)As used in this subsection, the term “relative” means
  512  an individual who is related to another as father, mother, son,
  513  daughter, brother, sister, uncle, aunt, first cousin, nephew,
  514  niece, husband, wife, father-in-law, mother-in-law, son-in-law,
  515  daughter-in-law, brother-in-law, sister-in-law, stepfather,
  516  stepmother, stepson, stepdaughter, stepbrother, stepsister, half
  517  brother, or half sister.
  518         (b)To be independent for the purposes of this section, a
  519  person may not:
  520         1.Be a party to the action, an attorney representing a
  521  party in the action, or an employee of a party or the attorney
  522  of a party in the action.
  523         2.Be a relative of a party to the action, or an employee,
  524  an officer, a director, an affiliate, or a subsidiary thereof;
  525  or an attorney representing a party in the action, or a
  526  relative, an employee, an officer, a director, or an affiliate
  527  or an associate thereof.
  528         3.Have any financial relationship to the action, to the
  529  real or personal property being sold, or to a party or attorney
  530  described in paragraph (a) or a relative as described in
  531  paragraph (b), other than the payment of the fees authorized by
  532  court order.
  533         (4)ACTIONS FOR FAILURE TO FOLLOW COURT ORDER AND
  534  ALTERNATIVE SALES PROCEDURES.—
  535         (a)An action for actual damages for a material violation
  536  of this section may be brought by the property owner or any
  537  party to the action for the failure of a person approved by the
  538  court under this section to follow the alternative judicial
  539  sales procedures in s. 45.0311 or this section, or court orders
  540  entered pursuant to s. 45.0311 or this section.
  541         (b)Notwithstanding any other law, a person approved by the
  542  court under this section who intentionally violates s. 45.0311,
  543  this section, or any court order entered under s. 45.0311 or
  544  this section commits a felony of the third degree, punishable as
  545  provided in s. 775.082, s. 775.083, or s. 775.084.
  546         Section 4. This act shall take effect July 1, 2025.
  547  
  548  ================= T I T L E  A M E N D M E N T ================
  549  And the title is amended as follows:
  550         Delete everything before the enacting clause
  551  and insert:
  552                        A bill to be entitled                      
  553         An act relating to alternative judicial procedures;
  554         amending s. 45.031, F.S.; requiring, rather than
  555         authorizing, that specified sales procedures be
  556         followed for certain sales of real or personal
  557         property unless a court orders the use of other sales
  558         procedures; revising the timeframe during which the
  559         court directs the clerk to sell property at a public
  560         sale; specifying that if objections are not filed
  561         within a specified timeframe after a certain report is
  562         filed, disbursements stand as reported; requiring that
  563         a hearing be held if specified objections are timely
  564         filed; creating s. 45.0311, F.S.; providing a short
  565         title; providing legislative purpose; requiring
  566         parties that want to use an alternative sales
  567         procedure to file a motion with the court where the
  568         action is pending; providing requirements for such
  569         motion; requiring that alternative sales procedures
  570         meet specified minimum requirements; requiring that
  571         certain funds be placed in an escrow or trust account
  572         if not held by the clerk of the court; specifying that
  573         such funds, if held by the clerk, are subject to a
  574         certain service charge and may not be waived by a
  575         court; requiring that the person who conducts the sale
  576         promptly file a certain certificate of sale and serve
  577         a copy of such certificate on all parties involved;
  578         requiring that objections to the sale be filed within
  579         a specified timeframe; requiring a court to hold a
  580         hearing on such objections; requiring the filing of a
  581         additional certificates within certain timeframes in
  582         specified circumstances; providing the procedures for
  583         selecting a backup bidder if the original winning
  584         bidder fails to make the final payment before the sale
  585         closing date; requiring the person conducting the sale
  586         to file a certain notice; requiring the clerk to file
  587         such certificate of title and serve copies to all
  588         parties involved; providing that when certificates of
  589         title are filed, the sale stands confirmed and title
  590         passes to the purchaser without additional proceedings
  591         or instruments; requiring the clerk to record the
  592         certificate of title; providing that certain persons
  593         are authorized to disburse sale proceeds as authorized
  594         by a court order, but surplus funds must be deposited
  595         with the clerk together with court fees; providing
  596         applicability; creating s. 45.0312, F.S.; authorizing
  597         persons to serve as auctioneers or in other roles,
  598         under specified conditions; providing qualifications
  599         for such persons; authorizing persons to serve as
  600         escrow agents under specified conditions; providing
  601         qualifications for such person; defining the term
  602         “relative”; specifying what constitutes independence;
  603         authorizing civil actions under specified conditions;
  604         providing criminal penalties for persons who
  605         intentionally violate specified provisions or certain
  606         court orders; providing an effective date.