Florida Statutes § 679.623 — Right to redeem collateral.
Search Florida StatutesFrom the Legislature's 2026 edition, which includes changes effective through January 1, 2027. Later effective dates are retained in each section's source notes.
Part VI — DEFAULT
(1) A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral.
(2) To redeem collateral, a person shall tender:
(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:
(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.
History
History.—s. 7, ch. 2001-198.
Source captured on 2026-10-10. Read the official chapter.