Colibri Real Estate 30-Hour Alabama Post License Practice Exam

In Alabama, a buyer has two years after discovering misrepresentation to file a lawsuit. This timeframe is based on the statute of limitations that governs tort claims, which include claims for misrepresentation. The rationale behind this period allows buyers a reasonable amount of time to become aware of any misrepresentations that may have influenced their decision to purchase property and to gather the necessary information to support their claim.

The two-year window is particularly significant because it acknowledges that misrepresentation may not always be immediately evident; hence, the statute allows for discovery of the fact before the buyer must take legal action. This aligns with the principle that parties should have a fair opportunity to seek redress once they become aware of issues affecting their purchase.

Understanding this timeframe is essential for both real estate professionals and buyers, as it underscores the importance of due diligence in real estate transactions and the legal implications tied to representations made during the sales process.