Does a limitation period begin to run on the date of the transfer of a property?

British Columbia, Canada

The following excerpt is from Jasmur Holdings Ltd. v Callaghan, 2019 BCSC 1966 (CanLII):

The defendants rely upon para. 15 of the decision of Schultes J. in Watts v. Klaemt, 2010 BCSC 1122, for the proposition that the limitation period in this matter began to run on the date of the transfer of the Property.

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