(1) A limitation period of three years from the day on which the party entitled to damages became aware, or should reasonably have become aware, of the damage, the defect and the identity of the party liable to pay damages applies to a claim under section 1.
(2) In such case as negotiations on the compensation for damage to be paid are pending between the party liable to pay damages and the party entitled to damages, the limitation period is suspended until the continuation of the negotiations is refused.
(3) In all other cases, the provisions of the German Civil Code on limitation apply accordingly.