flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Colorado must fix construction defects law, Denver Post says

Colorado must fix construction defects law, Denver Post says

Law hampers new condo construction, editorial asserts


By Peter Fabris, Contributing Editor | November 26, 2014
Photo: Stilfehler via Wikimedia Commons
Photo: Stilfehler via Wikimedia Commons

Colorado's “vexing construction defects law” has hampered the building of new condominiums in the state, according to an editorial in the Denver Post.

State lawmakers have unsuccessfully tried to change the 2005 law blamed for creating an “overly litigious environment around construction defects claims,” the newspaper says. The result of the law has been “a dearth of new, affordable condos or townhomes.”

In the past, this had been a fight between attorneys and builders. Increasingly, though, Colorado communities have taken steps to challenge the state law. The law now allows a majority of a homeowners association board — not homeowners themselves — to approve litigation against a builder. “The problem is, once a lawsuit is filed, homeowners often have trouble selling or refinancing units,” the newspaper says.

The most recent figures show condos represented only 4.6% of the total new home starts in metro Denver, compared to 26% in 2008, the Post says.

(http://www.denverpost.com/editorials/ci_26794194/state-must-fix-rules-colorado-condo-construction)

Related Stories

Codes and Standards | Jul 1, 2021

COVID-19 made payment delays to contractors much worse

Only one in ten companies is always getting paid in full.

Codes and Standards | Jun 30, 2021

New resource for public sector organizations to develop energy data management program

Dept. of Energy document contains more than 30 examples of successful implementations.

Codes and Standards | Jun 29, 2021

Biden China policy may spur more increased U.S. PV manufacturing capacity

Senate bill proposes advanced solar manufacturing production credit.

Codes and Standards | Jun 28, 2021

Local and state building energy performance standards aim to curb climate change

Owners must up the ante on operations and retrofits.

Codes and Standards | Jun 24, 2021

Biden Administration will restore ‘Waters of the U.S.’ protections ended by Trump

Early revision more likely to hold up in court, says legal expert.

Codes and Standards | Jun 23, 2021

Denver unveils renewable heating and cooling plan

City releases roadmap to decarbonizing existing homes and buildings.

Codes and Standards | Jun 22, 2021

Actually, few companies plan to significantly reduce their office footprint

CBRE survey shows that many firms will continue with hybrid work.

Codes and Standards | Jun 21, 2021

Vancouver, B.C., may delay new zero emissions building standards

Building permit delays may postpone new standards by a year.

Codes and Standards | Jun 17, 2021

Buffalo’s parking reform having noticeable impact on development

Elimination of mandatory parking allotments encourages new projects.

Codes and Standards | Jun 16, 2021

Inconsistent building codes make some states more vulnerable to hurricanes

Florida takes top spot for strongest building code in latest IBHS survey.

boombox1
boombox2
native1

More In Category


Resiliency

U.S. is reducing floodplain development in most areas

The perception that the U.S. has not been able to curb development in flood-prone areas is mostly inaccurate, according to new research from climate adaptation experts. A national survey of floodplain development between 2001 and 2019 found that fewer structures were built in floodplains than might be expected if cities were building at random.



halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021