A person’s right
and title to land is extinguished —
(a) if
the person does not commence an action to recover the land before the expiry
of the limitation period provided for under this Act; or
(b) if
—
(i)
a court extends the time in which the person can commence
an action to recover the land; and
(ii)
the person does not commence an action to recover the
land before the expiry of the extended period.