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.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
The Bechem Taxi Branch is promoting an advocacy programme for a nationwide rollout of Road Toll Stickers, and the programme is being funded by the Business Advocacy Fund (BUSAC Fund) with DANIDA, USAID and EU as funding partners.
Conservative estimates put the timeline for sunsetting the toll at about 35 years.
The toll hike will apply to all Turnpike sections and extensions, including the westbound Delaware River Bridge cashless tolling point in Bucks County, where tolls have not changed since 2016, the release said.
Meanwhile, Texans are seeing existing toll lanes impacting their pocketbooks - and influencing major life choices.
The Supreme Court made DND flyway connecting Delhi and neighbouring Noida toll free for commuters on November 11, 2016.
The bridges are currently owned and maintained by a private company, and tolls are due to be scrapped when a revenue target is reached, possibly next autumn.
The new toll levels are confirmed each year by a Parliamentary Order made in December which authorises Severn River Crossing Plc (SRC) to adjust tolls to the revised levels.
Under the settlement deal, Toll will be paid $200,000 to compensate him for pain and suffering; $150,000 for attorney fees; $86,624 for medical bills; and $13,376 for various court costs.
All southbound toll traffic will be served by one temporary toll booth and one existing toll booth.
Federal law currently prohibits the use of tolls on existing interstate highway lanes, with two exceptions.
If approved, the toll will become effective on April 1.