Waivers of implied warranty strengthened for condo, home builders in Illinois
In two recent builder-friendly decisions, the First District and Supreme Court of Illinois have ruled that the standard conspicuous waiver of the implied warranty of habitability found in most builders’ sales agreements: 1) is effective even where not verbally “called-out” to or initialed by the buyer; and 2) binds both the buyer of a new home and all subsequent purchasers of the home. Read the article…………..
No matter the size of community, one of the goals any condo or HOA has for their landscaping plan is
Owners and their mortgage lenders of about 90 units at the downtown Phoenix condominium high-rise formerly known as Summit at