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tolling |
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tolling A suspension of a statute of limitations time period.In adverse possession,the time period may be tolled while the record owner is a minor child and unable to bring a lawsuit to oust trespassers in possession of his or her property. Parties in disputes often contractually agree to toll all applicable statutes of limitations while they pursue negotiations; otherwise a rapidly approaching expiration date would force them into litigation just to avoid loss of valuable rights. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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