1 New York Civil Practice: CPLR P 213.00

Summary

One of the two most frequently applied statutes of limitation is that found in CPLR 213. The six-year statute applies to many commercial transactions and accordingly, business practitioners must be respectful of its provisions.

Initially the section provides that on those occasions when a specific period of limitations is not provided by statute, the six-year period will apply. Thus, it has been held that actions for specific performance, claims of negligent misrepresentation, and assertions of constructive fraud are governed by CPLR 213.1 Moreover, an action for attorney deceit, as authorized by Judiciary Law § 487, is subject to the six year limitation imposed by ...