Charting Reimbursement Territory
by Tanya E. Prioste and Terry Baynes2007-06-15
Introduction
Who can ever remember and keep track of all of those reimbursement rights? The following chart is intended as a convenient guide to reimbursements. Given the number of reimbursement scenarios contemplated by the law, the reimbursement rules are easily forgotten and hard to recall. Is a reimbursement allowed? Are there any exceptions to that right? Are there imitations on the amount or extent of the reimbursement? For instance, can one claim reimbursement for appreciation value or only for the exact dollar amount contributed? On top of all of these questions, does statute of limitations apply, causing the right to expire? This chart was created as a roadmap to the statutory and case law governing reimbursements. It is designed to help jog one's memory of the basic reimbursement framework, serving as a springboard to depper legal research.
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