The DC Council has proposed legislation that would dramatically increase developers’ exposure for condominium warranty liability and could impact developers’ financial ability to finance, develop, and construct condominiums....more
The DC City Council has proposed two bills intended to make it easier for condominium associations and unit owners to pursue warranty claims against developers and obtain release of warranty funds....more
2/27/2020
/ City Councils ,
Condominiums ,
Construction Defects ,
Construction Disputes ,
Construction Project ,
Land Developers ,
Legislative Agendas ,
Proposed Legislation ,
Real Estate Development ,
Regulatory Agenda ,
State and Local Government ,
Warranties
A New Jersey judge earlier this year dismissed a construction defect complaint by a condominium association against the developer and contractor, finding that the lawsuit was filed outside the state’s six-year statute of...more