Legal Memorandum: Statute of Limitations Exercise of Options

Issue: Under North Dakota law, what is the statute of limitations for the exercise of an option to purchase real estate?

Area of Law: Litigation & Procedure, Real Estate Law
Keywords: Statute of limitations; Exercise of options; Purchase real estate
Jurisdiction: North Dakota
Cited Cases: None
Cited Statutes: N.D.R. Civ. P. 56(c); N.D.R. Evid. 801(d)(2)
Date: 07/01/2001

On a summary judgment motion, statements in the non-moving party’s pleadings, discovery responses and deposition testimony must be accepted as true.  N.D.R. Civ. P. 56(c).  The non-moving party must present sufficient proof that he or she might prevail at trial.  Id.   

Generally, a question of fact cannot be based on a dispute created by a party’s own sworn evidence.  E.g. Buckner v. Sam’s Club, 75 F.3d 290 (7th Cir. 1996) (later sworn affidavit cannot be used to contradict earlier sworn testimony in order to create a dispute of fact).  See N.D.R. Evid. 801(d)(2).

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