New Mexico Condition of Limitation Clause

State:
Multi-State
Control #:
US-OL14014
Format:
Word; 
PDF
Instant download

Description

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.

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FAQ

A. Tampering with evidence consists of destroying, changing, hiding, placing or fabricating any physical evidence with intent to prevent the apprehension, prosecution or conviction of any person or to throw suspicion of the commission of a crime upon another.

(1) An action for breach of any contract for sale must be commenced within four years after the cause of action has accrued. By the original agreement the parties may reduce the period of limitation to not less than one year but may not extend it.

(4) the claiming successor is entitled to payment or delivery of the property.

A judgment obtained through a common law action on a prior judgment or through any other means of revival of a prior judgment shall not be enforceable after fourteen years from the date of the original judgment upon which it is founded.

There is no time limit for bringing a case for a capital or first-degree violent felony. A case for a second-degree felony must be started within 6 years. A case for a third- or fourth-degree felony must be started within 4 years.

(1) An action for breach of any contract for sale must be commenced within four years after the cause of action has accrued. By the original agreement the parties may reduce the period of limitation to not less than one year but may not extend it.

A material breach occurs when one of the parties fails to perform a clause within the contract, or the whole of the contract, such that the other party never receives the goods or services promised or receives goods or services that are significantly different than those promised in the contract.

The statute of limitations depends on the classification of the crime. If a first degree felony, no statute of limitations; or 1. If a second degree felony, within six years after commission of the offense; or 2. If a third or fourth degree felony, within five years after commission of the offense.

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New Mexico Condition of Limitation Clause