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The one-year warranty is for claims of shoddy workmanship; two years, for defects in systems like plumbing, electrical or temperature regulation and six years for structural defects.
The statute of limitations on most product liability claims in New York State is three years after the date the injury occurred, or the date of injury discovery (if different).
Twenty-three states have adopted a statute of repose for product liability claims. Most statutes vary between 10 and 12 years.
Some offenses such as rape and murder have no statute or limitations. Most felony offenses have a five year statute of limitations period. Misdemeanor offenses have a two year statute of limitation period, while petty offenses generally have a one year statute of limitations.
Depending on the type of case or procedure, New York's statutes of limitations generally range from one (1) year to six (6) years. The point at which the clock starts ticking is typically the date of the incident or discovery of a wrong.
Standard Clause under New York law requiring the breaching party to pay a predetermined amount to the non-breaching party as exclusive compensation for the breaching party's failure to perform a specific task or comply with a particular obligation.
The provisions of this chapter shall govern the conduct of all construction or demolition operations with regard to the safety of the public and property. For regulations relating to the safety of persons employed in construction or demolition operations, OSHA standards shall apply.
New York and Vermont are the only two states remaining with no Statute of Repose. Under the current law in New York, contractors and design professionals are exposed to claims for personal injury and property damage resulting from construction defects for an unlimited number of years after a project is completed.