The Colorado House of Representatives defeated a bill that would have made it harder for condominium owners to sue builders over construction defects.
The bill had passed the state Senate. It would have reformed the state’s construction defects law by requiring a majority of homeowners in a multifamily building, rather than a majority of the homeowner association board, to decide whether to sue.
It also would have granted a right to repair to builders willing to resolve problems in an effort to avoid lawsuits.
The bill’s supporters say the high insurance costs associated with building in a state with such a law are preventing more developers from starting multifamily projects in Colorado.
Builders have also complained that the state’s existing law makes it too easy for homeowners to sue them over property defects.
Condos accounted for 3.1% of Colorado's housing starts in 2014, down from a peak of 22.9% in 2007.
Related Stories
Hotel Facilities | Feb 4, 2019
31-story YotelPAD Miami combines 222 hotel rooms and 231 condominiums
YotelPAD is a new brand by Yotel.
Multifamily Housing | Jan 31, 2019
Student housing series: Designing a home away from home in The Golden State
California asserts building code restrictions more stringently than other states, making design challenging for student housing.
Multifamily Housing | Jan 29, 2019
Here's what $41M will buy you in the OMA-designed Avery tower in SF
A glass-enclosed, full-floor, 8,482-sf penthouse will sit more than 600 feet above San Francisco's Transbay District.
Multifamily Housing | Jan 28, 2019
Luxury townhomes rise on the site of a former office park in Irvine, Calif.
KTGY Architecture + Planning designed the project.
Multifamily Housing | Jan 25, 2019
The country's most expensive home sells for $238 million
The unit comprises four stories at 220 Central Park South in Manhattan.
Multifamily Housing | Jan 22, 2019
Caoba is the first tower to open at Miami Worldcenter
Caoba was co-developed by CIM Group and Falcone Group.
Multifamily Housing | Jan 16, 2019
Micro-units: Good for the city? Good for citizens?
Thinking more holistically about housing typologies and zoning will improve our public realm.
Multifamily Housing | Jan 7, 2019
364-unit multifamily development planned near Lake Lewisville in Texas
BGO Architects is designing the project.
Multifamily Housing | Dec 18, 2018
Redesigning the intergenerational village: Innovative solutions for communities and homes of the future
Social sustainability has become a central concern in terms of its effect that spans generations.