Quote:
Originally Posted by Bill14564
There probably is no statute of limitations but I agree, there ought to be some kind of relief for an unsuspecting buyer.
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A search finds several cases such as this.
5-year-statute-limitations-enforce-covenant-violations
Section 95.11, Fla. Stat. sets out time limitations within with lawsuits must be filed. This is called a “statute of limitations.” A “legal or equitable action on a contract, obligation, or liability founded on a written instrument…” must be brought within five years of the time of the injury.
The CCD is probably a different animal legally, but Imagine how much time and frustration that could be avoided if a statue of limitations were adopted into the restrictions?
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Quote:
Originally Posted by Bill14564
Many times over the past several years I, or others, have suggested some form of deed-compliance inspection for pre-owned homes. Some way to get assurance that there are no hidden issues about to be transferred with the sale. I honestly like the idea of grandfathering anything issue the house had when it was sold. If that is too much, then have an inspection service that can identify hidden issues and then grandfather anything that was not identified during the inpection.
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I think Don Wiley mentioned the Supervisors were trying to find a solution.