FL S1964

Establishes the "Florida Fair Foreclosure Act" with requirements for publication of foreclosure sale notices in newspapers, on newspaper websites, and on floridapublicnotice.com with specific formatting and hyperlink requirements.

Requires foreclosure complaints on residential one-family to four-family dwelling units to contain affirmative allegations that the plaintiff owns the note and mortgage, details a clear chain of custody, and attaches all assignments as exhibits.

Mandates mortgagees provide estoppel certificates within 15 days of request and cancel mortgages within 60 days of full payment; allows mortgagors to file summary proceedings to compel compliance with recovery of attorney's fees.

Creates an alternative foreclosure procedure for residential properties allowing lenders to proceed without a public sale if the debtor consents, abandons the property, executes a deed in lieu of foreclosure, or the nonhomestead property has no equity (total liens ≥150% of fair market value).

Restricts deficiency judgments on owner-occupied one-family to four-family dwelling units to amounts determined by the court based on fair market value, and requires entry of final judgment in uncontested proceedings within 45 days; caps attorney's fees at the greater of 1.5% of principal owed or $1,500.