Definition of "Laches"

Erik Smith real estate agent
Erik Smith, Real Estate Agent Coldwell Banker Residential Brokerage - Orange Post Rd

The" Doctrine of laches" is the failure to timely assert one's rights or a claim in a given matter. The failure to take action on a timely basis misleads an adverse party that no breach has occurred. For example, an adjacent property owner constructs a roadway across the neighbor's property to gain access to a waterway. Since the neighbor never asserted his property rights in a timely manner, the doctrine of laches prevented the roadway from being with-drawn or receiving compensation at a later period.

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