Jun 10, 2015 12:20 EDT Oppenheim Law How Oppenheim Law became a major national figure in the nation’s mortgage meltdown. Front an center in real estate law is the 5-Year-Statute-of-Limitations rule. It has to do with the five-year limitation for finishing the foreclosure of a mortgage. The question is: What happens in Florida cases where the foreclosure lawsuit was dismissed and the five years have run out? Ask Roy.