Fla. Stat. 635.075
Restoration of property

Mortgage guaranty insurance policies issued for delivery in this state shall contain, as a condition precedent to payment in the event of default, a provision that the insured must restore the property to its condition at the time of issuance of the policy, except for reasonable wear and tear.

Source: Section 635.075 — Restoration of property, https://www.flsenate.gov/Laws/Statutes/2024/0635.075 (accessed Aug. 7, 2025).

635.011
Definitions 635.021
Authority to transact mortgage guaranty insurance 635.031
Additional limitations 635.041
Contingency reserve 635.042
Minimum surplus requirement 635.051
Licensing and appointment of mortgage guaranty insurance agents 635.061
Premium cost 635.071
Filings, approval of forms 635.075
Restoration of property 635.081
Administration and enforcement 635.091
Provisions of Florida Insurance Code applicable to mortgage guaranty insurance

Current through Fall 2025

§ 635.075. Restoration of property's source at flsenate.gov

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Location: https://florida.public.law/statutes/fla._stat._635.075

Original Source: Section 635.075 — Restoration of property, https://www.flsenate.gov/Laws/Statutes/2024/0635.075 (last accessed Aug. 7, 2025).

Fla. Stat. 635.075 Restoration of property

Fla. Stat. 635.075
Restoration of property