November 11, 2019
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The Florida Statutes

The 2009 Florida Statutes

Title XXXVII
INSURANCE
Chapter 634
WARRANTY ASSOCIATIONS
View Entire Chapter
Section 634.344, Florida Statutes 2009

634.344  Coercion of debtor prohibited.--

(1)  When a home warranty is sold as authorized by s. 634.301(3)(b), no person may require, as a condition precedent or condition subsequent to the lending of the money or the extension of the credit or any renewal thereof, that the person to whom such money or credit is extended purchase a home warranty.

(2)  When a home warranty is purchased in connection with the lending of money as authorized by s. 634.301(3)(b), the insurer or home warranty association or the sales representative of the insurer or home warranty association shall advise the borrower or purchaser in writing that Florida law prohibits the lender from requiring the purchase of a home warranty as a condition precedent or condition subsequent to the making of the loan.

History.--s. 30, ch. 83-323; s. 1, ch. 84-94; s. 20, ch. 93-195; s. 1483, ch. 2003-261.

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