Transfer of Claim of Lien from Real Property to Cash Deposit or Surety Bonds

This is a summary description of procedure by which a person against whom a lien has been recorded can post a cash deposit or surety bond and have the lien transferred from their record while the parties attempt to reach an agreement about the amount of money owed, either through the courts or otherwise.

You are advised that it is in your best interest to contact a legal professional or an attorney as this is a complicated process. If you would like further information or clarification regarding the recording procedures or process, please contact the RECORDS, TAXES and TREASURY STAFF at the address and phone number indicated below.

A.  Claims of Lien on real property recorded in the Official Records in accordance with Chapter 713 of the Florida Statues may be transferred from such lien to other security by either:

1.  Posting cash deposit (cash or cashier’s check only). The deposit amount is determined by the amount of the lien, including:

a.  The unpaid balance of the lien plus.
b.  The interest rate at 6% per year for 3 years (18%) plus
c.  $1,000 or 25% of the unpaid balance in the Clalim of Lien, whichever is greater, for attorney/court costs that may be assessed in any proceeding to enforce the subject lien.

NOTE: A service fee will be deducted from the amount posted at the rate of 3% for the first $500 and 1.5% for the balance thereafter on cash deposits only.

2.  Posting a bond executed by a surety licensed to do business in Florida in an amount equal to:

a.  The unpaid balance in such Claim of Lien, plus
b.  Current  interest rate thereon at 6% a year for 3 years (18%) plus
c.  $1,000 or 25% of the unpaid balance in the Claim of Lien, whichever is greater, for attorney’s fees/court costs that may be assessed in any proceeding to enforce the subject lien.

Recording fees, preparation fees and verification of surety fees are due in addition to the above amounts.

Any questions please contact our office at 954-357-7270 or mail to:
Broward County Government Center
Records, Taxes and Treasury, Rm 114
Attention: Specialty Desk
115 South Andrews Avenue
Fort Lauderdale, FL  33301

NOTE: Judgment to other security: For transferring the lien of a Judgment to other security, contact the Clerk of Circuit Court, Court Registry, at 954-831-5659 or Clerk of County Court at 954-831-5625.