A perspective on the continuing saga of construction defects law

more+
less-

Ever since 2003, when comprehensive legislation was passed to address abuses in the pursuit by the plaintiff’s bar of windfalls from massively overstated litigation claims regarding alleged construction defects in the construction of residential property in Colorado, there has been a constant “chipping away” at the spirit and letter of that legislation, again by the plaintiff’s bar. That battle has been traditionally voiced as one between the homebuilding industry and the plaintiff’s bar, dealing with the right to contract vs. allegations of consumer abuse.

This past legislative session, however, found new constituents and a different perspective on what was previously a traditional battle at the statehouse between the above-mentioned foes. This year, a broad-ranging coalition that included the Metro Mayors Caucus, major segments of the affordable housing community and the general business community came together to address what their research showed as an astonishing lack of construction of ownership attached housing. There was a continuing boom going on in the development of multifamily “rental” housing, but an even more unusual deficit in multifamily “ownership” housing...

Originally published in the Colorado Real Estate Journal - June 4, 2014 – June 17, 2014.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Topics:  Construction Defects, Construction Disputes, Legislative Agendas

Published In: Alternative Dispute Resolution (ADR) Updates, Construction Updates, Elections & Politics Updates, Residential Real Estate Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Snell & Wilmer | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »