Here's what you need to know about the passing of Senate Bill 360.
Senate Bill 360 was signed into law on Friday, April 14th, 2023 in the state of Florida. This new law brings many changes to the residential construction industry.
Let's break it down.
SB 360 went into effect immediately after the Governor signed the bill, meaning the statute of repose for latent defects for all homeowners has been reduced to seven years.
Please Note: There is an exception for claims that would have been timely under the pre-existing law. Those claims can be made through July 1, 2024.
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