What is the time limit for filing a complaint under the Deceptive Trade Practices Act (DTPA)?

The correct answer is that the time limit for filing a complaint under the Deceptive Trade Practices Act (DTPA) is 2 years. This timeframe is important as it establishes the period within which a consumer can take action after experiencing deceptive trade practices.

In the context of the DTPA, the 2-year statute of limitations starts from the date the consumer knew or should have known about the deceptive act or practice. This ensures that consumers have a reasonable window to address grievances related to unfair or deceptive practices without facing the risk of being time-barred from seeking legal recourse. Understanding the importance of this time limit is crucial for practitioners in real estate, as it directly affects the rights and remedies available to consumers in Texas.

Other options, such as 1 year, 3 years, and 5 years, do not apply to the DTPA. Familiarity with the specific timeframes relevant to different legal actions helps avoid pitfalls in filing complaints and ensures that consumers can effectively protect their rights under the law.