Amends Florida law to revise the statute of limitations for actions based on improvements to real property.
This bill amends Florida Statutes to revise the statute of limitations for actions based on improvements to real property. It specifies that actions must be commenced within four years of the earliest date of completion of the improvement, abandonment of construction, termination of the contract, or issuance of a certificate of occupancy. It also defines "completion of the improvement" and "completion of the contract" for clarity. The changes apply to actions involving latent defects and those related to the design, planning, or construction of improvements to real property.
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