Lenders: Keep Your Original Promissory Notes Safe; Loan Purchaser Fails to Recover on Note Claims in Florida Decision
By EsqSocial Corporation 19/04/24
A recent opinion out of the Florida Fifth District Court of Appeal makes clear that the failure of a lender or its successor in interest to introduce and authenticate original promissory notes at trial may result in the claimant failing to recover judgment for money damages on those notes. However, the Fifth District also made clear that for claims on other types of contracts, including security agreements, copies are sufficient, and the original documents are not required in order to obtain...
By: Adams and Reese LLP