FL S0164

Requires first mortgagees acquiring condominium units through foreclosure or deed in lieu of foreclosure to pay unpaid assessments to the association within 30 days after transfer of title

Limits first mortgagee liability for pre-acquisition assessments to the lesser of: unpaid common expenses and regular assessments from the 6 months preceding title acquisition, or 1 percent of the original mortgage debt

Imposes mandatory payment obligation if a first mortgagee has not acquired title to an owner-occupied unit within 6 months of filing a foreclosure action, with the association able to demand payment at that time

Exempts first mortgagees from all unpaid assessment liability if the first mortgage was recorded before April 1, 1992, unless the mortgage declaration incorporated future chapter amendments by reference

Requires first mortgagee to be joined as a defendant in the foreclosure action for these assessment liability provisions to apply, except when the association was dissolved or had no discoverable agent for service of process