term:

Limitation

limitation n

1 a : restriction [a on the rights of ownership]
b : a statement or stipulation in a deed or will placing limits on the disposition of an estate or interest esp. in regard to duration or heirs see also word of limitation
2 : a certain period limited by statute after which actions or prosecutions cannot be brought in the courts see also statute of limitations

Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.