What is the statute of limitations for real estate disputes?

In Florida, the statute of limitations for real estate disputes is five years. This means that if a claim or dispute arises out of a real estate transaction or other real estate matter, then the claimant has five years from the date of the alleged wrong to either file a lawsuit or submit a demand letter. However, there are exceptions to this statute. If the real estate dispute involves a written contract, then the statute of limitations will be the length of time contained within the contract. Additionally, certain types of disputes, such as those involving fraud or intentional misconduct, may have a longer statute of limitations depending upon the circumstances. It’s important to note that the statute of limitations for any legal action related to real estate matters begins to run upon discovery of the cause of action or breach of contract. This means that if the claimant does not know about the dispute or has not received any proper notification from the other party, the clock on the statute of limitations will not begin to run. Finally, it’s important for anyone considering legal action related to a real estate dispute to act quickly as the five-year limitation period may pass without the claimant even being aware. It’s best to speak with an attorney familiar with Florida real estate law to discuss the specifics of any particular dispute.

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