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FL S0300

Bill

Status

Introduced

10/28/2025

Primary Sponsor

Ileana Garcia

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Authorizes courts to direct either the clerk or an approved alternative auctioneer to conduct public sales of real or personal property in foreclosure proceedings

  • 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

  • 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

  • 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

  • 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

Full Bill Text

No bill text available