Bill > HB194

This bill amends existing Louisiana law to clarify the deadlines, known as peremptive periods, for filing lawsuits against certain licensed professionals and real estate developers. Specifically, it modifies the timeframe for actions against professional engineers, surveyors, interior designers, architects, and real estate developers concerning their work on planning, construction, design, or building projects. The bill changes the conditions under which these peremptive periods begin, now stating that a lawsuit must be filed within five years from either the date the owner officially accepts the work, as recorded in the mortgage office, or, if no such acceptance is recorded within six months of the owner taking possession, the date the owner occupies the improvement. It also clarifies that for professionals who don't prepare for construction or don't inspect the work, the five-year period starts from the date they completed their services.