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Florida Supreme Court: Statute of limitations restarts with each foreclosure
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Court Report
Monday, November 7, 2016
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The Supreme Court of Florida recently interpreted the application of the five-year statute of limitations to an action to foreclose a mortgage pursuant to state law. The case before it came from the Fifth District Court of Appeals, which certified the question as one of great importance. The appellate court had overturned a trial court’s decision, holding that the statute of limitations had not expired because the case involved the foreclosure of subsequent accelerated payments, not the original foreclosure. Read on for more details.
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