FL H0495

Creates Section 702.13, Florida Statutes, requiring foreclosing mortgagees to provide a standardized notice to homeowners in residential mortgage foreclosure actions involving 1-4 family properties, including condominiums and cooperatives

Notice must be delivered with the summons and complaint, printed on colored paper different from the other documents, with the title in bold 20-point type

Required notice warns homeowners they may lose their home if they fail to respond and advises them to contact an attorney or legal aid office immediately

Notice must inform homeowners about Chapter 13 bankruptcy as a potential option to stay foreclosure and create a repayment plan while maintaining possession of the home

Notice must direct homeowners to the Attorney General's Consumer Protection Division website (www.myfloridalegal.com) for information about government agencies and non-profit organizations that can help

Effective date: July 1, 2019