What is the statute of limitations for real estate disputes?
In Arkansas, the statute of limitations for real estate disputes is five (5) years from the time the cause of action accrues. This means that any legal dispute relating to a real estate matter must be brought to court within five years or the right to bring a suit is forfeited. Generally, the cause of action accrues when the defendant commits the act or omission that was the basis of the dispute. This means that in most cases, the five-year period does not start until the issue arises, and the person bringing the suit learns of the issue. Real estate disputes can often arise from a variety of different issues, ranging from landlord/tenant disputes to boundary and title disputes. However, regardless of the issue, the five-year statute of limitations applies universally. This means that anyone looking to bring a legal dispute related to a real estate matter must be aware of this timeline to ensure their rights are preserved. In some cases, a shorter statute of limitations may be applicable to a specific real estate dispute. In addition, it is important to note that Arkansas has statutes of repose, which may further limit the amount of time a person has to file a real estate-related lawsuit. For this reason, it is important for anyone with a real estate dispute to consult an experienced real estate lawyer to ensure that their rights are protected.
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