eLaws of Florida

  SECTION 679.623. Right to redeem collateral.  


Latest version.
  • 1(1) 2A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral.
    17(2) 18To redeem collateral, a person shall tender:
    25(a) 26Fulfillment of all obligations secured by the collateral; and
    35(b) 36The reasonable expenses and attorney’s fees described in s. 45679.615(1)(a)46.
    47(3) 48A redemption may occur at any time before a secured party:
    59(a) 60Has collected collateral under s. 65679.607;
    66(b) 67Has disposed of collateral or entered into a contract for its disposition under s. 81679.610; 82or
    83(c) 84Has accepted collateral in full or partial satisfaction of the obligation it secures under s. 99679.622100.
History.-s. 7, ch. 2001-198.

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