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…………..
A case decided today could mean financial hardship for already struggling Florida associations. The Third District Court of Appeal’s ruling
I had the pleasure of attending the Community Association Institute (CAI) Advocacy Summit in Washington, D.C. earlier this week and
The Integrated Disclosure Rule for TILA-RESPA (Truth in Lending Act- Real Estate Settlement Procedures Act of 1974) goes into effect