This office lease clause is a standard condition of limitation language dealing with issues of tenant defaults in fulfilling any of the covenants of the lease.
Maine Condition of Limitation Clause, also known as the "limitation of actions clause," is a legal provision that establishes specific time limits within which a party can bring a legal action or claim. This clause effectively restricts the time period within which a lawsuit can be initiated, preventing parties from pursuing legal remedies indefinitely. In Maine, like many other jurisdictions, different types of Limitation Clauses can exist. Here are some common examples: 1. Statute of Limitations: This is a type of Limitation Clause that is specified by state law, establishing the maximum time period within which a party can bring a legal action. In Maine, the statute of limitations varies depending on the type of claim or cause of action. For example, the statute of limitations for personal injury cases is generally six years, while it is four years for oral contracts and six years for written contracts. 2. Agreement-based Limitation Clause: In some cases, parties may include a specific limitation clause within a contract or agreement to govern the time period for legal action. These clauses are enforceable if they are clear, reasonable, and not contrary to public policy. For instance, an agreement might state that any legal claims arising from the contract must be brought within one year. 3. Discovery Rule: Maine recognizes the discovery rule, which provides an exception to the traditional limitation period when the injured party discovers or should have discovered the harm caused by another party's actions. Under this rule, the statute of limitations begins from the date when the injury or harm is discovered, rather than when it occurred. 4. Tolling or Suspension of Limitations: Sometimes, the statute of limitations is paused or temporarily suspended due to specific circumstances. For example, the limitations period may be tolled or delayed if the plaintiff is a minor, mentally incapacitated, or if the defendant is out of state. These tolling provisions can extend the time within which a legal action can be filed. It is crucial to understand the specific Maine Condition of Limitation Clause applicable to your situation, as failure to initiate legal action within the prescribed time limit can result in the loss of your right to pursue a claim. It is advisable to consult with an experienced attorney who can provide guidance and ensure compliance with the relevant limitation period.
