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Court puts condo investors on the hook for shoddy construction (NY)

/ Owner - November 4, 2020

New York City condo investors may increasingly find themselves having to dig into their wallets to pay for any construction defects, according to a new court ruling.  The Appellate Division of state court upheld a ruling last week that a condominium board does not have to prove a fiduciary or confidential relationship between itself and the building’s sponsor when suing over construction defects.    Read the article………………………………………

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