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…………..


Related Articles

Landscape Committees Embracing the Challenge, Improving Curb Appeal

No matter the size of community, one of the goals any condo or HOA has for their landscaping plan is

Lawsuit over downtown Phoenix condo high-rise heading to Arizona Supreme Court

Owners and their mortgage lenders of about 90 units at the downtown Phoenix condominium high-rise formerly known as Summit at

Bill Introduced to Fund Attainable Housing (CO)

As I mentioned in my blog entry kicking off the 2017 legislative session in Colorado, 8 to 10 bills relating