RQ Law Blog

Construction Defect Ordinances

Construction Defect Ordinances
WHEREAS, existing Colorado law concerning construction defects needs a major overhaul to reduce litigations risks to developers while maintaining consumer protections … So begins the pre-amble to Littleton’s ordinance attempting local construction defect litigation reform. Many cities along the Front Range are suffering from a lack of owner-occupied multifamily development, particularly near regional transportation hubs.  The unwillingness to develop multifamily projects is largely blamed on the toxic climate spawned from...
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Supreme Court issues its opinion in S K Peightal Engineers, LTD v. Mid Valley Real Estate Solutions V, LLC

The Supreme Court issued its opinion in S K Peightal Engineers, LTD v. Mid Valley Real Estate Solutions V, LLC on February 9, 2015. In that case, a developer built several homes on the Western Slope. He then suffered financial problems, and turned the inventory over to the bank, which titled the unsold residences in a newly created artificial entity. The homes then started showing distress which was claimed to...
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1366 Hits