• New Law Impacting Florida's Statute of Repose
  • July 13, 2017 | Authors: Meredith Nelson Reynolds; K. Stefan Chin
  • Law Firm: Peckar & Abramson A Professional Corporation - Miami Office
  • On June 14, 2017, Governor Scott signed House Bill 377 into law, clarifying that Florida’s ten-year Statute of Repose commences either when the work is completed or when final payment becomes due, whichever is latest. The new law resolves a problem for contractors created by a recent Florida court ruling that held the Statute of Repose to commence as late as when the owner made final payment. The applicable amendments to Florida Statute Section 95.11 take effect on July 1, 2017 and apply to all causes of action that accrue on or after that date.