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What are surplus funds?

Surplus funds means, at any given date, the excess of cash and other recognized assets that are expected to be resolved into cash or its equivalent in the natural course of events and with a reasonable certainty, over the liabilities and necessary reserves at the same date.

What is a surplus recovery agent?

A surplus recovery agent is someone who tries to recover the surplus funds that belong to the prior owner.

How do I claim surplus from foreclosure in Florida?

How to Claim Surplus Funds From a Foreclosure in Florida Provide Proof of Ownership. This step of the process is usually satisfied by providing a copy of the title that shows that you owned the property last. . Verification of Surplus Funds. . Reach out to Trustee. . Submit a Claim For the Surplus Funds. . Hearings and Motions.

surplus funds contracts

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