What is the difference between a statute of limitations and a statute of repose?

If you have problems with a commercial construction project, you must be sure to assert your legal rights timely, or they will be waived. Two critical “deadlines” to keep in mind are the statute of limitations and the statute of repose. There are some key differences between the two, but both are designed to allow the defendant to: Request proof of injury; Hire its own inspectors to view t...
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