Period of limitation for certain documents :

Period of limitation and the time from which the period begins to run is shown below:

NATURE OF DOCUMENTS	LIMITATION PERIOD
Bill of exchange or promissory note payable at a fixed time after sight or after demand	Three years from when the fixed time expires
Bill of exchange or promissory note payable at a fixed time after date.	Three years from when the bill or note falls due.
A Bill of exchange payable at sight or upon presentation	Three years when the bill is presented
Money payable for money lent	Three years from the loan was made.
A guarantee	Three years from the date of invocation of the guarantee
A mortgage – enforcement of payment of money	Twelve years from the date the money sued for becomes due
A mortgage – foreclosure	Thirty years from the time when are money secured by the mortgage becomes due
A mortgage – Redeem or recover possession of Immovable property	Thirty years from the time when the right to reedem to recover possession accrues.