Limitációközlés

Limitációközlés is a Hungarian legal term referring to the notification of limitations. This concept is primarily relevant in contract law and property law. In contractual contexts, it pertains to informing parties about any restrictions or conditions that might affect their obligations or rights under an agreement. For instance, a seller might limit their warranty period or the scope of their responsibility for defects. Similarly, in property law, limitációközlés can involve disclosing any encumbrances, easements, or other limitations on the use or ownership of a property. This serves to ensure transparency and prevent misunderstandings or disputes. The failure to properly communicate such limitations can lead to legal consequences, potentially rendering the contract or transaction invalid or resulting in liability for damages. It is a crucial aspect of due diligence, ensuring all parties are fully aware of the terms and conditions governing their involvement.