Statutory Period
/ˈstætjʊtəri ˈpɪəriəd/
Definitions
- (n.) A legally prescribed time limit within which certain actions must be taken or rights enforced.
The claimant filed the lawsuit just before the expiration of the statutory period.
- (n.) The time frame set by statute during which a document may be recorded or a claim asserted to have legal effect.
Deeds must be submitted within the statutory period to ensure their validity.
Forms
- statutory periods
Related terms
See also
Commentary
The statutory period commonly refers to the time limits defined by legislation for initiating legal processes; it is critical to note jurisdiction-specific variations and whether time bars are subject to tolling or extension.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.