The National Law Review is alerting litigators to be prepared for a rash of lawsuits related to a possible looming housing recession, likening the outlook to what happened in 2008’s economic crash. As the condo developers of a decade ago notified their contract purchasers of their projects’ impending completions, many of those would-be owners sued for breach of contract or disclosure violations in a bid to get out of their contracts and reclaim their (usually substantial) deposits in light of declining property values. The National Law Review is seeing a potentially similar scenario unfold now in light of the condo-building boom of recent years combined with what some predict is an impending recession.    Read the article…………………….