Issue: Whether the limitation period in a contract cause of action under Virginia law begins to run when the damage is discovered.
|Area of Law:||Business Organizations & Contracts, Litigation & Procedure|
|Keywords:||Contract cause of action; Limitations period; Damages|
|Cited Statutes:||Va. Code Ann. § 8.01-230|
The party asserting the statute of limitations has the burden of proof on this affirmative defense. Lo v. Burke 455 S.E.2d 9, 12 (Va. 1995).
On a contract cause of action, the limitations period begins to run “when the breach of contract occurs . . . and not when the resulting damage is discovered.” Va. Code Ann. § 8.01-230; see Van Dam v. Gay, 699 S.E.2d 480, 482 (Va. 2010). While [the Testator] lives, no beneficiary has anything more than a bare expectancy and no person has suffered any injury or damage as a result of his tentative dispositions.” Van Dam, 699 S.E.2d at 462.