Will a Statutory Right to Repair Construction Defects Increase First-Time Homebuyers? (CO)
On February 6, 2017, House Bill 17-1169 was introduced and assigned to the State, Veterans, and Military Affairs Committee. H.B. 17-1169 proposes a mechanism for a construction professional to offer to repair or offer to fund repairs for a construction defect prior to the initiation of a construction defect lawsuit. This is in effort to lower condominium prices stemming from high insurance premiums related to construction defect litigation. Read the article………….
The U.S. Department of Housing and Urban Development (HUD) announced today an agreement with Delvista Towers Condominium Association, Inc., of
As the 12/31/16 deadline for Florida high-rises to opt out of a full sprinkler retrofit looms large, the confusion regarding