69O-167.009, F.A.C.
69O-167.009. Mortgage Property Insurance Requirements Limited
Cite as Fla. Admin. Code r. 69O-167.009
No mortgage lender shall, in connection with any application for a mortgage loan in this state which is secured by a mortgage on residential real estate located in this state, require any prospective mortgagor to obtain by purchase or otherwise a property insurance policy in excess of the replacement value of the covered premises as a condition for granting such a mortgage.