HB 599 Summary

• Amends Florida Statute 48.23 to clarify that persons acquiring a lien on property for value during a legal action take the lien free of claims if no notice of lis pendens was properly recorded or if the notice expired, was withdrawn, or was discharged.

• Specifies that a valid, recorded notice of lis pendens bars enforcement of all unrecorded interests and liens (including federal tax liens) against property unless the holder intervenes within 30 days of the notice recording.

• Provides that upon judicial sale of property, unrecorded interests and liens are permanently discharged if the notice of lis pendens was not withdrawn or expired.

• States that a valid recorded notice of lis pendens in judicial sale proceedings remains in effect through the recording of any instrument transferring title to the property, unless the notice expires, is withdrawn, or is discharged.

• Applies to actions pending on the effective date and takes effect upon becoming law.