QUESTION
How long is the statue of limatation on a contract from punching a house
Asked on Nov 04th, 2015 on Commercial Real Estate - Texas
More details to this question:
We bought a house almost two years ago and on the contract at closing they noted a list of things where to work on the house and complete a list of things to be added to the house and also some things to be fixed.Not all has been completed. don't want the time to run out if i need to do a law suit by some statue time frame. It s not noted a date it all has to be done on the contract just it all has to be done in agreement for the purchase of the house that day day at closing
1 ANSWER
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It depends on the language in the contract. The language may not be included in that particular provision. It could be in a later section. In addition to statute of limitations, though, you have to consider laches, which is its lesser-known sibling law. The longer you wait, then the more likely it is that you will lose your rights.
Answered on Nov 04th, 2015 at 2:14 PM