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FL S0300
Bill
Status
10/28/2025
Primary Sponsor
Ileana Garcia
Click for details
AI Summary
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Authorizes courts to direct either the clerk or an approved alternative auctioneer to conduct public sales of real or personal property in foreclosure proceedings
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Requires parties seeking to deviate from standard judicial sales procedures to file a separate motion with notarized consent from the plaintiff if the requesting party is not the plaintiff or owner of record
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Establishes requirements for alternative auctioneers, including licensure as an auctioneer or real estate broker for at least 5 years, posting a bond equal to the property's approximate value, and independence from all parties involved in the action
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Mandates uniform bidding procedures for all participants, limits credit bids to the amount owed per the judgment, requires payment within 5 business days, and prohibits in-person auctions outside the county where the foreclosure is pending
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Creates a cause of action for damages for persons willfully harmed by violations of the alternative judicial sales requirements, effective July 1, 2026
Legislative Description
Alternative Judicial Sales Procedures
Last Action
Introduced
1/13/2026