Is There a Statute of Limitations on Asterisk Clauses? [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced. If you need legal advice, please consult an attorney.] For the uninitiated, an “asterisk clause” Purchase Agreement — invariably for a home...Read More
Statute of Limitations for Deals How long do you need to retain your files for closed deals? Barring fraud, the statute of limitations for raising a complaint following a transaction is two years. So, it’s (well past) time to chuck paperwork and notes for those 2004 sales I’ve been hanging on to. The one exception...Read More
