Statute Of Limitations


Definition of "Statute of limitations"

Bob Payne real estate agent
Bob Payne, Real Estate Agent RE/MAX Premier Realty - Villages West

Legal time restriction for prosecuting an improper act, or civil or criminal offense. Proceedings must be brought before the expiration date of the applicable federal, state, or local statute of limitations. Most states allow up to six years to file a claim for violation of a written contract and five years for civil liability claims.

Have a question or comment?
We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 
 

 

Popular Real Estate Terms

Popular Real Estate Questions