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Florida Statute of Limitations
The Statute of Limitations designates the period of time during which the terms of a contract may be enforced. It protects people from being compelled to perform or otherwise be sued after a period of time has expired. -The times vary, depending on whether it is an oral contract or a written contract: Written contracts, 5 years Oral (parol) contracts, 4 years Partly written, and partly oral. 5 years for the written portion and 4 years for the oral portion. This information is courtesy of Captain Wayne Rowlett and Rowlett Real Estate School www.rowlettrealestateschool.com Rowlett Real Estate provides traditional classroom training in Panama City, Florida and in Destin Florida. Feel free to visit our classroom schedule athttp://www.rowlettrealestateschool.com/fl-schedule.htm Rowlett Real Estate School is a full service Florida real estate school with online real estate courses in most every state at http://www.rowlettcareerschool.com/ P.Stone, RRES ... more
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