What is a key characteristic of limitation periods?

Limitation periods play a crucial role in the legal system by encouraging the prompt resolution of disputes. This characteristic is significant as it helps ensure that cases are brought to court in a timely manner, which aids in promoting efficient handling of legal matters. When parties are required to initiate litigation within a specified time frame, they are compelled to gather evidence, prepare their cases, and present their claims promptly. This not only helps preserve the integrity of evidence—such as witness recollections— but also serves to bring closure to disputes and facilitate the resolution process.

By fostering timely action, limitation periods help prevent the judicial system from becoming overwhelmed by stale claims. Furthermore, they protect defendants from the uncertainty and potential injustice of facing claims based on events that occurred many years in the past, when memories may have faded, and evidence may have been lost or destroyed.