Foreclosure
What Is Certificate of Sale?
In a Florida foreclosure, the Certificate of Sale is the document the court clerk files after the foreclosure auction. Once filed, the former owner's right to reclaim the property is extinguished.
After a Florida foreclosure auction, the clerk of court issues a Certificate of Sale, usually within about 10 days. This document confirms the sale and starts the clock on the final transfer of title.
Filing the Certificate of Sale is the practical point of no return in Florida (Fla. Stat. §45.0315) — after it's filed, the homeowner's right of redemption ends.
This is why Florida homeowners facing foreclosure should act before the auction. Up until the Certificate of Sale is filed, a cash sale that pays off the lender remains possible.
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