Fla. Stat. 679.623
Right to redeem collateral

(1)

A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral.

(2)

To redeem collateral, a person shall tender:Fulfillment of all obligations secured by the collateral; andThe reasonable expenses and attorney’s fees described in s. 679.615(1)(a).

(a)

Fulfillment of all obligations secured by the collateral; and

(b)

The reasonable expenses and attorney’s fees described in s. 679.615(1)(a).

(3)

A redemption may occur at any time before a secured party:Has collected collateral under s. 679.607;Has disposed of collateral or entered into a contract for its disposition under s. 679.610; orHas accepted collateral in full or partial satisfaction of the obligation it secures under s. 679.622.

(a)

Has collected collateral under s. 679.607;

(b)

Has disposed of collateral or entered into a contract for its disposition under s. 679.610; or

(c)

Has accepted collateral in full or partial satisfaction of the obligation it secures under s. 679.622.

Source: Section 679.623 — Right to redeem collateral, https://www.­flsenate.­gov/Laws/Statutes/2024/0679.­623 (accessed Aug. 7, 2025).

Current through Fall 2025

§ 679.623. Right to redeem collateral's source at flsenate​.gov