Subordination & Assumption Application

Welcome to the City of Port Saint Lucie Utility Systems

 

What will need to be done to start the assumption/subordination process?

 

  1. Title Commitment (schedules A & B) **Please note schedule A must match schedule B.
  2. Copy of the Capital Charge Installment Payment Agreement(s).
  3. Copy of any Assumption or Subordination Agreement(s) related to the property.
  4. Warranty Deed or other documentation wherein present owner/seller took title to property.
  5. Payment of application fees and lien search fees are due at the time of application.
  6. Closing involving LLC's must provide articles and list of managing members.

 *Items 2-4 can be found at: https://acclaimweb.stlucieclerk.com.

To expedite shipping, please include a FedEx or UPS Label with your paperwork.

 

All the above documents will need to be scanned and attached to the application or email the documents to utilitybilling@cityofpsl.com.

 

Please be advised that City Utility accounts must be current in order for the agreements to be processed. **To verify balance please email utility@cityofpsl.com or call Customer Service at 772-871-5330.

 

 

 Payment: Checks can be made payable to the “City of Port St. Lucie” and can be mailed to:

City of Port St Lucie

121 SW Port St Lucie Blvd

Port St Lucie, FL 34984

Or if you want to pay by credit card, please call 772-871-5335.

 

Fee Schedule – Fees are Non-Refundable

  • Subordination & Assumption $200.00 plus $50.00 lien search fee (total $250.00).
  • Assumption $200.00 (cash deal) plus $50.00 lien search fee (total $250.00).
  • Subordination (refinance) $50.00.

 

 

Once the account is made current, all the above documentation is found, and payment is made then the assumption/subordination process can be started.

Please allow at least 10 days for the City to prepare the Subordination and/or Assumption Agreements for routine cases. The turnaround time for more complex cases such as those involving trusts, LLCs, etc. could be longer.