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Questions and Answers
What does 'Encroachment' mean in real estate terminology?
What does 'Encroachment' mean in real estate terminology?
- Financial investment in real estate
- An illegal contract for sale
- Physical trespass of a property (correct)
- Legal right to property ownership
What is a 'Late claim' in real estate?
What is a 'Late claim' in real estate?
Unreasonable lapse of time has occurred when the property owner wakes up to realize what has occurred.
What does 'Bar in court of equity' refer to?
What does 'Bar in court of equity' refer to?
Operates as a bar in court proceedings.
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Study Notes
Doctrine of Laches
- Encroachment: Refers to the physical trespass onto a property, often involving unauthorized use or occupation.
- Late Claim: Occurs when a property owner realizes a violation only after a significant and unreasonable delay, impacting their ability to seek remedy.
- Bar in Court of Equity: The doctrine of laches serves as a legal barrier in equitable court proceedings, preventing claims that are filed after an excessive delay.
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