statute of repose

statute of re·​pose | \-ri-ˈpōz\

Legal Definition of statute of repose 

: a statute that bars a cause of action after a period of time running from a particular act (as the delivery of a product) or event even if the cause of action has not accrued (as upon discovery of a defect) the statute of repose began to run upon completion of the house even though the defect was not discovered for several years

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