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Limitation Period

The time-based limitation of a claim when it is not exercised within the period set by law.

What does this term mean?

The time-based limitation of a claim when it is not exercised within the period set by law.

Where does it appear in practice?

Each claim type must be assessed separately.

Other glossary entries

Agreed Divorce ProtocolCall Detail RecordsCancellation and Registration of Title DeedCase Management OrderCoercive ImprisonmentConsolidationConveyance / Transfer DeedDefaultDefense CounselDisclaimer of InheritanceDissolution of Co-OwnershipDuplicate / RepeatedEnforcement ProceedingEx OfficioGeneral Information CheckImprovements on Real PropertyInheritance DivisionJudicial RecessLimitation PeriodMatrimonial Property RegimeMediationMedical MalpracticePendingProperty Division on DivorceReduction ClaimReserved ShareRight of First RefusalService of NoticeSham TransactionSubdivisionSuretyshipTerminationTransfer by InheritanceUnjust Termination
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