Common use of Statute of Limitation Clause in Contracts

Statute of Limitation. Pursuant to 11 M.R.S.A. 2-725(1), the parties agree that the statue of limitations applicable to any claim for breach of warranty under this Contract shall be reduced to one (1) year. This Warranty existing under this Agreement is not transferable unless otherwise stated.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

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Statute of Limitation. Pursuant to 11 M.R.S.A. 2-725(1), the parties agree that the statue of limitations applicable to any claim for breach of warranty under this Contract Agreement shall be reduced to one (1) year. This Warranty existing under this Agreement is not transferable unless otherwise stated.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

Statute of Limitation. Pursuant to 11 M.R.S.A. 2-725(1), the parties agree that the statue of limitations applicable to any claim for breach of warranty under this Contract shall be reduced to one two (12) yearyears. This Warranty existing under this Agreement is not transferable unless otherwise stated.

Appears in 1 contract

Samples: Purchase and Sale Agreement

Statute of Limitation. Pursuant to 11 M.R.S.A. 2-725(1), the parties agree that the statue of limitations applicable to any claim for breach of warranty under this Contract shall be reduced to one two (12) yearyears. This The Warranty existing under this Agreement is not transferable unless otherwise stated.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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Statute of Limitation. Pursuant to 11 M.R.S.A. 2-725(1), the parties agree that the statue of limitations applicable to any claim for breach of warranty under this Contract Agreement shall be reduced to one two (12) yearyears. This Warranty existing under this Agreement is not transferable unless otherwise stated.

Appears in 1 contract

Samples: Condominium Purchase and Sale Agreement

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