(1) It is unlawful for any person to knowingly make, issue, deliver, or receive dual contracts for the purchase or sale of real property. Dual contracts, either written or oral, are two contracts concerning the same parcel of real property, one of which states the true and actual purchase price and one of which states a purchase price in excess of the true and actual purchase price and is used as an inducement for mortgage investors to make a loan commitment on such real property in reliance upon the stated inflated value.
(2) Any violation of this section is a misdemeanor of the second degree, punishable as provided in s. 775.082 or s. 775.083.
History.—s. 1, ch. 65-531; s. 1155, ch. 71-136.
Structure Florida Statutes
Chapter 877 - Miscellaneous Crimes
877.01 - Instigation of Litigation; Penalty.
877.02 - Solicitation of Legal Services or Retainers Therefor; Penalty.
877.03 - Breach of the Peace; Disorderly Conduct.
877.05 - Killing Young Veal for Sale; Penalty; Exception.
877.061 - Marketing Establishments; Maintenance of Scales.
877.08 - Coin-Operated Vending Machines and Parking Meters; Defined; Prohibited Acts, Penalties.
877.09 - Tampering With or Damaging Sewer Systems.
877.10 - Real Property; Dual Contracts Prohibited.
877.101 - Escrow Business by Unauthorized Persons; Use of Name.
877.13 - Educational Institutions or School Boards; Penalty for Disruption.
877.14 - Merchandising of Dogs; Required Records; Penalty for Violation.
877.15 - Failure to Control or Report Dangerous Fire.
877.155 - Report of Initial Treatment of Burn Injuries; Penalty for Failure to Report.
877.16 - Exhibition of Deformed Animals Prohibited; Penalty.
877.17 - Works to Be Submitted by Students Without Substantial Alteration.
877.19 - Hate Crimes Reporting Act.
877.20 - Local Juvenile Curfew Ordinances; Legislative Intent.
877.21 - Definitions; Ss. 877.20-877.25.
877.23 - Legal Duty of Parent; Penalty.
877.24 - Nonapplication of S. 877.22.