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
Ballard Spahr’s mixed-use, condominium, and multifamily lawyers are pleased to provide this newsletter to keep you apprised of important developments and trends in real estate law in Maryland, Virginia, and Washington, D.C....more
7/12/2016
/ Condominiums ,
Construction Defects ,
Construction Industry ,
Construction Project ,
Disclosure Requirements ,
Dispute Resolution ,
Fees ,
First Time Homebuyers ,
Homeowners Association (HOA) ,
Land Transfer Taxes ,
Mixed-Use Zoning ,
New Legislation ,
Public Projects ,
Real Estate Development ,
Real Estate Market ,
Realty Transfer Taxes ,
Recordation Taxes ,
Resales Agreements ,
Security Deposits ,
Sewer Systems ,
Statute of Limitations ,
Tax Sales ,
Tenants ,
Utilities Sector ,
Vertical Restraints ,
Warranties ,
Zoning Laws
A decision by the District of Columbia Court of Appeals emphasizes the need for real estate developers to proceed with caution when making representations to potential home buyers in jurisdictions with consumer protection...more