The statute of limitations for any lawsuit depends upon the type of case you have. Some cases are limited to 2 years, others are limited to 6. Adverse possession is actually a type of statute of limitations that expires after 10 years. Which ever one applies depends upon your claim circumstances. There is sometimes the possibility of tolling your applicable statute of limitation by use of the so-called "discovery" rule - the time will not start to run until you discover, or reasonably should have discovered your claim. In your case, it would probably be treated as a contractual claim based on a written agreement and the breach thereof. In Washington, that would be subject to a 6 year statute of limitation. Your claim would have expired in 2008. It does not appear that the discovery rule would be applicable to you either since you knew, or should have known you had a claim around the time that breach occurred.
Answered on Feb 20th, 2013 at 11:40 PM