Property Ownership

In Florida, 'laches' is a legal defense in property disputes that means:

AA party was negligent in maintaining the property
BA party lost their right to enforce a claim due to unreasonable delay in asserting it✓ Correct
CA contract was poorly drafted
DA property was illegally subdivided

Explanation

Laches is an equitable defense that bars a party from asserting a claim after an unreasonable delay, particularly when the delay prejudiced the other party. In real estate, laches can prevent someone from challenging an old deed or boundary after sitting on their rights for too long.

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