Third District Court of Appeal
                               State of Florida

                         Opinion filed February 15, 2017.
         Not final until disposition of timely filed motion for rehearing.

                               ________________

                               No. 3D15-2352
                          Lower Tribunal No. 11-6146
                             ________________


                           Richard N. Friedman,
                                    Appellant,

                                        vs.

                    Mercantil Commercebank, N.A.,
                                    Appellee.



      An Appeal from the Circuit Court for Miami-Dade County, Barbara Areces,
Judge.

     Richard N. Friedman, in proper person.

     Victor K. Rones and Jeremy S. Rones, for appellee.

Before SUAREZ, C.J., and EMAS and FERNANDEZ, JJ.

     EMAS, J.
      Richard N. Friedman appeals an amended final deficiency judgment entered

in favor of Mercantile Commerce Bank in the amount of $364,740.56 plus interest.

We affirm.

      The case was originally filed as a foreclosure action against Friedman and

his wife, Marjan Nini Friedman, relating to property owned by the Friedmans in

Miami-Dade County.       However, on the day of trial, the parties reached a

settlement. Pursuant to the terms of that settlement, Mercantile agreed to accept a

deed in lieu of foreclosure, and reserved the right to seek a deficiency. Friedman

reserved the right to assert any defenses to, or otherwise contest, any deficiency

sought by Mercantile.     It was further agreed that Mercantile would seek any

deficiency judgment against Friedman only, and not against his wife. When the

Friedmans failed to deliver the deed to Mercantile, the trial court entered an order

conveying the property and transferring all of the Friedmans’ interest in the

property to Mercantile. That order, rendered on June 27, 2012, was recorded by

Mercantile on July 2, 2012.1 Thereafter, Mercantile sought a deficiency judgment

against Friedman, and following a bench trial, the court entered the deficiency

judgment, accepting the fair market valuation of Mercantile’s expert, and assessing

prejudgment interest at eighteen percent.

1 To render this transfer of real property “good and effectual in law or equity
against creditors or subsequent purchasers for a valuable consideration and without
notice,” it was required that this order be recorded. See § 695.01(1), Fla. Stat.
(2012).

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      Friedman asserts that the trial court erred in its determination of the proper

date for assessing the fair market value of the property; in its assessment of the

amount of the deficiency; and in awarding prejudgment interest of eighteen

percent. We find no error.

      We hold that the trial court properly concluded that the date for determining

fair market value was July 2, 2012, the date of recordation of the order transferring

interest in the property from the Friedmans to Mercantile. See Phillipe v. Weiner,

(Fla. 3d DCA 2014).2

      Further, the record on appeal provided by Friedman is otherwise inadequate3

to allow for meaningful review of related errors allegedly made by the trial court in

2 In this case, as in Phillipe, there was no foreclosure sale, distinguishing the
instant case from those decisions relied upon by Friedman. See, e.g., Morgan v.
Kelly, 

, 1117 (Fla. 3d DCA 1994); Cmty. Bank of Homestead v.
Valois, 

, 303 n.1 (Fla. 3d DCA 1990); Mizner Bank v. Adib, 

(Fla. 4th DCA 1991).
3 Friedman retained a court reporter who recorded the trial proceedings. However,
Friedman did not order the trial proceedings transcribed, asserting that he is
indigent and unable to pay the costs of transcription. We reject Friedman’s claim
that his indigent status renders the transcripts “unavailable” under Florida Rule of
Appellate Procedure 9.200(b)(4). That rule provides in pertinent part: “If no report
of the proceedings was made, or if the transcript is unavailable, a party may
prepare a statement of the evidence or proceedings” with the participation of the
other parties, which must then be submitted to, and approved by, the lower
tribunal. However, an indigent party to an appeal from a civil action has no
constitutional or statutory right to a free transcript of the trial proceedings. See
Alexander v. Bamash, 

(Fla. 4th DCA 2002). Cf. Smith v. Dep’t
of Health and Rehab. Servs., 

(Fla. 1991) (holding that section
57.081 and section 120.57(1)(b)(6) Florida Statutes (1991) require the state to
provide a free transcript in an appeal taken by an indigent party from an adverse

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its determination of fair market value and the amount of the deficiency. Based on

the record provided, we conclude that the trial court, having considered the

evidence, including competing testimony from each party’s expert, properly

exercised its broad discretion in determining the fair market value of the property

and the amount of the deficiency. 

Khan v. Simkins Indus., Inc., 

, 18 (Fla. 3d DCA 1996) (observing: “It is a long standing legal principle

that the granting of a deficiency decree is discretionary with the trial court; such

discretion is not absolute and unbridled, but rather one which must be supported by

established equitable principles as applied to the facts of the case.”)

      Finally, we hold that the trial court, in its amended final judgment, properly

awarded prejudgment interest at the rate of eighteen percent. Mercantile, in its

original foreclosure complaint, sought interest at the rate of twenty-five percent, a


agency decision).

This court entered an order directing Friedman to provide the transcript of the trial
proceedings, which Friedman failed to do. Instead, Friedman prepared and
submitted a Statement of the Evidence or Proceedings pursuant to Rule
9.200(b)(4). This court eventually permitted the appeal to proceed on this
Statement of the Evidence. Nevertheless, it was (and remained) incumbent on
Friedman to provide the appellate court with an adequate record upon which the
court can determine the merits of any properly-preserved claims of error. See Fla.
R. App. P. 9.200(e) (providing that “[t]he burden to ensure that the record is
prepared and transmitted in accordance with these rules shall be on the petitioner
or appellant.”) Applegate v. Barnett Bank of Tallahassee, 

(Fla.
1979); Corallo v. Florida Dept. of Children & Family Servs., 

(Fla.
3d DCA 2008); Latin Am. Ben. Center, Inc. v. Johstoneaux, 

(Fla. 3d
DCA 1972).

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rate which Friedman alleged was usurious. Pursuant to the express terms of the

settlement, the parties agreed that “the interest rate will be 18 percent and not 25

percent,” as sought by Mercantile in its complaint. Friedman was bound by the

express terms of the settlement and has failed to demonstrate any error by the trial

court in this regard.4

      Affirmed.




4 The remaining issues raised by Friedman are either without merit, not properly
preserved, or cannot be determined on the merits based upon the inadequacy of the
record on appeal.

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