Florida § 520.88 - Assignments of contracts or notes.
Full text of Florida Florida Statutes § 520.88 — Assignments of contracts or notes., with citation guidance and answers to common questions.
§ 520.88. Assignments of contracts or notes.
(1) No holder shall sell, transfer, or assign any obligation in connection with a home improvement contract or any evidence of indebtedness thereunder to any person who is not authorized as a sales finance company. (2) Notice of any assignment shall be sent to the owner immediately after the assignment is made. (3) No promissory note or other evidence of indebtedness may be negotiated or otherwise transferred without simultaneous delivery of the related contract. (4) No right of action or defense arising out of the transaction which gave rise to the home improvement contract which the buyer has against the home improvement finance seller and which would be cut off by assignment shall be cut off by assignment of the contract to any third person, whether or not he or she acquired the contract in good faith and for value.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 520.88
What does Florida Statutes § 520.88 cover?
Section 520.88 ("Assignments of contracts or notes.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 520.88?
A common citation format is "Florida Statutes § 520.88" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 520.88 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.