Florida Regulations
Comprehensive guide to seller financing laws, usury limits, and disclosure requirements in Florida.
Maximum Interest Rate
18%
Business exemptions may apply
Maximum Rate
18%
Penalty Type
Forfeiture of interest
Notes
General cap is 18% for loans under $500,000. 25% for loans $500,000+. Criminal usury over 25% (45% if calculated to evade).
Business Exemption
Loans over $500,000 are exempt. Business purpose loans have higher limits.
Required Disclosures
- Seller's Residential Property Disclosure
- Lead-based paint disclosure (pre-1978)
- Energy efficiency rating disclosure
- TILA disclosures if applicable
Licensing Required
No license required if seller financing own property. Mortgage Broker license if arranging for others.
- Florida Deceptive and Unfair Trade Practices Act (FDUTPA)
- Florida Consumer Collection Practices Act
- Mortgage state (judicial foreclosure only)
- Lis pendens filing required
- Deficiency judgments allowed
- No redemption after sale
Legal Disclaimer
This information about Florida regulations is provided for educational purposes only and does not constitute legal or tax advice. Laws change frequently and vary by county and municipality. Always verify current regulations with a licensed Florida attorney before entering into any seller financing arrangement.