Declaratory judgment actions allow parties to a potential action to determine their rights and responsibilities before a lawsuit is filed. Any person seeking a declaratory judgment may also demand additional, alternative, coercive, subsequent, or supplemental relief in the same action. History.—s.—An action on a judgment or decree of a court of record in this state. ""Declaratory judgment actions are subject to a fouryear statute of limitations. This action must be brought in the court of competent jurisdiction based on the value of the property. Your claim amount is based on the value of the property. Declaratory Judgment Packet. A declaratory judgment establishes the rights and other legal actions of the parties without. The Second Department affirmed. This is an action for Declaratory Judgment and other relief pursuant to Chapter 86, Florida Statutes.