The "Statute of Limitations" gives buyers four years to take legal action against a seller if they have broken their written agreement.
These are questions that the above text answers:
1. What is the "Statute of Limitations" in real estate law?
2. How long do buyers have to take legal action against a seller if there is a breach of a written agreement?
3. Who does the "Statute of Limitations" apply to in real estate transactions?
4. What is the consequence for a seller who breaks a written agreement in real estate?
5. How much time does the "Statute of Limitations" provide for buyers to pursue legal action?
6. What is the purpose of the "Statute of Limitations" in real estate law?
7. What type of agreement must be broken for the "Statute of Limitations" to apply?
9. What happens if a buyer does not take legal action within the specified timeframe?
10. What is the maximum duration for buyers to initiate legal action against sellers in real estate?