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A typical term for a statute of repose ranges from 10 to 20 years, depending on the jurisdiction and the type of claim involved. This legal provision sets a fixed time limit after which no legal action can be initiated, regardless of when the injury or damage occurred. Unlike a statute of limitations, which may start when a claim is discovered, a statute of repose begins from a specific event, such as the completion of a construction project or the sale of a product.

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