• 4 months ago
A Levels Academy Islamabad
Transcript
00:00If you have a good reason to take someone to court,
00:03it's rarely helpful to put off doing that.
00:06And depending on the type of claim,
00:07the law becomes a ticking clock for you to take action.
00:11The laws designed to prevent any dilly-dallying
00:13are called statutes of limitation.
00:16A statute of limitation is a window of time
00:18one has to initiate a claim in court.
00:21Each state has its own time limits for bringing cases,
00:24and there are different time limits
00:25for different kinds of cases.
00:27It's easy to look up these time limits on the internet,
00:30but it's not always as easy to know when the time limit starts.
00:35Typically, the clock starts on the day
00:36that whatever you are suing about
00:38happened, or the day you find out that you were harmed.
00:42In Florida, injury, fraud, property damage,
00:45trespassing, and oral contracts have a four-year statute
00:49of limitation, while professional malpractice,
00:52wrongful death, libel, and slander
00:55all have a two-year statute.
00:57Written contracts have a five-year limitation.
01:00Sometimes, you can stop the statute clock on a case
01:03and then restart it.
01:05This is called tolling.
01:07Tolling is allowed only for good reasons, some of which
01:10include the accused being out of state, in hiding somewhere,
01:14or that the accused is currently a minor.
01:17There is also something called a statute of repose.
01:20A statute of repose differs from a statute of limitation
01:23because it's not related to when you first
01:25learned you had been harmed.
01:27A statute of repose can bar your action
01:30even before you have one.
01:31These statutes are designed to protect manufacturers
01:34and their insurers from liability for accidents
01:37that happen after the design life of the product.
01:40Say you bought a product over 12 years ago.
01:42Then, due to a design or manufacturing defect,
01:45the product injures you.
01:47In Florida, with a few exceptions,
01:49you can't bring a claim for that injury.
01:52Exceptions include products that are expressly
01:54unwarranted to have an expected useful life of more than 12
01:57years, or certain specified products,
02:00like airplanes, railroad equipment, and elevators.
02:03For more insight into statutes of limitation
02:05and how they apply to your potential case,
02:08spend some quality time with LegalYou.
02:10LegalYou, you can do this.

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