What is the statute of limitations on real estate disputes?

The statute of limitations on real estate disputes in Virginia is three years. A statute of limitations is a law that limits the amount of time a legal claim can be made. In other words, it sets a date after which a person cannot bring a legal action. In Virginia, the statute of limitations on real estate litigation is three years. This means that any disputes that arise from property that has been sold or leased must be brought within three years from the date the transaction was completed. This includes disputes relating to contracts, fraud, and other claims. It is important for those involved in real estate transactions to be aware of the statute of limitations in their state. If a dispute arises and a party fails to file a lawsuit within the given time frame, their claim may be unable to be heard in court. It is also important to consult with an experienced real estate lawyer if a dispute arises. A lawyer will be able to review the legal documents related to the dispute and determine the proper course of action. They can also provide advice and assistance in preparing a case and ensure that a lawsuit is filed within the statute of limitations.

Related FAQs

What is the statute of limitations on real estate disputes?

Related FAQs

Related Blog Posts