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AG Group Investments – Commercial Real Estate Foreclosure

Nickolas C. Ekonomides, Business Lawyer, provides cost-effective representation to businesses, limited liability companies, and corporations.

AG Group Investments – Commercial Real Estate Foreclosure

I think you all might find this case interesting. It’s a particularly striking example of how Florida Statutes apply to reverse a lower court in a commercial foreclosure action, and surprise the unsuspecting real estate investors.

Junior mortgages survive the entry of a judgment of foreclosure by a senior interest, and are only extinguished by the issuance of a certificate of sale subsequent to a foreclosure sale or as otherwise provided in a judgment of foreclosure.

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