Prescription | Propertylogy

Prescription

By on August 21, 2018

Prescription refers to the gain or loss of certain rights due to inaction over a specified period of time.

This is somewhat similar to laches and statue of limitations.

The critical difference of prescription is that it involved a specific period of time that goes by where there is a failure to assert certain rights.

This time period is not determined by statute, but by court decision.

Prescriptive easement under adverse possession is a good example.



You May Also Like...

hair1 eye1 abs1
View the latest and lowest Singapore Home Loan rates
Why friends look forward to your FAILURE
Hiring a competent agent
Best EVER excuses for being late to work

Investors and homeowners receive our newsletters. Subscribe to our list.

Get More Real Estate Knowledge & Insights From Our Newsletters

Enter your email below

Send this to a friend