PRESCRIPTION DISTINGUISHED FROM LACHES
PRESCRIPTION | LACHES |
| Effect of delay | Fact of delay |
| Matter of time | Question of inequity of permitting a claim to be enforced, this inequity being founded on some change in the condition of the property or the relation of the parties |
| Statutory | Not statutory |
| Applies at law | Applies at equity |
| Based on a fixed time | Not fixed time |
