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Effective July 1, 2011, Florida Statute 197.542 (2) requires that the high bidder shall post with the clerk a non-refundable deposit of 5% of the bid or $200, whichever is greater, at the time of the sale, to be applied to the sale price at the time of full payment. Full payment is due within 24 hours from the time of deposit. Deposit and/or full payment may be submitted in the form of Cash or Cashier’s Check, payable to the Clerk of Courts.
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