April 20, 2017

Construction-defects bill advances from House committee

DENVER — A bill that would reform Colorado’s construction-defects law has advanced in a legislative committee.

The Denver Post reports that House Bill 1279 received unanimous support from the House State, Veterans and Military Affairs Committee, passing 8-0. The measure requires support from a majority of homeowners in a condominium project before legal action can be taken against a condo builder due for construction defects.

Other bills that would require arbitration or deal with insurance cost controls face a less-certain future in the Legislature.

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Colorado’s construction-defects law has been cited as a reason that condo construction has plummeted in recent years. While condos formerly represented more than 20 percent of new-home construction, that share has dropped to about 3 percent.

DENVER — A bill that would reform Colorado’s construction-defects law has advanced in a legislative committee.

The Denver Post reports that House Bill 1279 received unanimous support from the House State, Veterans and Military Affairs Committee, passing 8-0. The measure requires support from a majority of homeowners in a condominium project before legal action can be taken against a condo builder due for construction defects.

Other bills that would require arbitration or deal with insurance cost controls face a less-certain future in the Legislature.

Colorado’s construction-defects law has been cited as a reason that condo construction has plummeted in recent…

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