Case Name: A.C. CONDOMINIUM ASSOCIATION, INC., Appellant, v. SUNTRUST BANK, etc., et al, Appellee
Court: Florida District Court of Appeal
Jurisdiction: Florida
Decision Date: 2002-04-26
Citations: 815 So. 2d 720
Docket Number: No. 5D01-1448
Parties: A.C. CONDOMINIUM ASSOCIATION, INC., Appellant, v. SUNTRUST BANK, etc., et al, Appellee.
Judges: THOMPSON, C.J., PALMER and ORFINGER, R. B., JJ., concur.
Reporter: Southern Reporter, Second Series
Volume: 815
Pages: 720–720

Head Matter:
A.C. CONDOMINIUM ASSOCIATION, INC., Appellant, v. SUNTRUST BANK, etc., et al, Appellee.
No. 5D01-1448.
District Court of Appeal of Florida, Fifth District.
April 26, 2002.
Matt G. Firestone of Pohl & Short, P.A., Winter Park, for Appellant.
Joseph E. Foster of Akerman, Senterfitt & Eidson, P.A., and Kelt on M. Farris of Suntrust Legal Department, Orlando, for Appellee.

Opinion:
PER CURIAM.
AFFIRMED. See § 718.116(b)(1), Fla. Stat. (2001)("[t]he liability of a first mortgagee or its successor or assignees who acquire title to a unit by foreclosure or by deed in lieu of foreclosure for the unpaid assessments that became due prior to the mortgagee's acquisition of title is limited to the lesser of: 1. The unit's unpaid common expenses and regular periodic assessments which accrued or came due during the 6 months immediately preceding the acquisition of title and for which payment in full has not been received by the association; or 2. One percent of the original mortgage debt")(emphasis added).
THOMPSON, C.J., PALMER and ORFINGER, R. B., JJ., concur.