Jordan v. Keys Cove Marine, Inc.
Jordan v. Keys Cove Marine, Inc.
719 So. 2d 378; 1998 Fla. App. LEXIS 13434; 1998 WL 765012
(Southern Reporter, Second Series)
Jordan v. Keys Cove Marine, Inc.
Opinion of the Court
Because the note and mortgage personally guaranteed by appellant/defendant Randolph G. Jordan were satisfied as reflected in the satisfaction of mortgage executed by Keys Cove Marine, Inc., we reverse the “final [deficiency] judgment for plaintiff” and remand for the entry of final judgment in favor of Jordan. See Matey v. Pruitt, 510 So.2d 351 (Fla. 2d DCA) (once debtor’s obligation has been paid or otherwise satisfied, guarantor’s obligation is terminated), rev. denied, 518 So.2d 1276 (Fla. 1987).
Reversed and remanded.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.