Mortgages Executed by POA

Posted By: MAKERS

Mortgages Executed by POA - 01/14/16 03:50 PM

FL Statute 695.01(1) requires that when a mortgage is executed with a Power of Attorney, the POA has to be recorded before the lender accrues the right of the mortgage. Is concurrent recording of the POA and deed of trust acceptable so long as the POA is recorded first or does the POA need to be recorded before settlement?