Certificate of Mortgage Release

 

DEPARTMENT OF FINANCIAL SERVICES
OIR – Insurance Regulation

RULE NO: RULE TITLE
69O-186.017: Certificate of Mortgage Release

NOTICE OF CHANGE

Notice is hereby given that the following changes have been made to the proposed rule in accordance with subparagraph 120.54(3)(d)1., F.S., published in Vol. 32, No. 47, November 22, 2006, of the Florida Administrative Weekly. These changes are being made to address concerns expressed at the public hearing.

Rule 69O-186.017 is changed to read:

69O-186.017 Certificate of Mortgage Release.

(1) The actuarially sound premium that may be charged for recording a certificate of mortgage release pursuant to Section 701.041, Florida Statutes, is a reasonable fee for actual work performed during the recording of the certificate of mortgage release, not to exceed twenty-five dollars.

Specific Authority 701.041(9) FS. Law Implemented  701.041(9) FS. History–New________.