The statute of limitations in Florida for mortgage foreclosure is 5 years. These debts are not collectible once five years have elapsed since the date of the first missed payment. Written contracts also include promissory notes. In Florida, the statute of limitations to sue for breach of written contracts is 5 years. After 20 years, the county or city cannot take action to recover unpaid property taxes. The statute of limitations in Florida to collect unpaid property tax is 20 years.
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