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November 2018 Archives

A billion-dollar price tag for construction defects in Connecticut

In what amounts to a real estate nightmare, thousands of Connecticut homeowners are faced with crumbling foundations, and the insurance company responsible for footing the repair bills claims there isn't enough money to go around. It's a worst-case-scenario that illustrates just how bad construction defects can get.

Mold and mildew can turn a dream condo into a nightmare

When you move into a new condo in Florida, you're looking forward to years of living in warmth near beaches, water sports, golf courses and more. You're eager to enjoy maintenance-free living - especially when it comes to upkeep of the building and grounds. That's probably why you bought the condominium in the first place.

How Florida's extension of construction defect deadline could play out

Regular readers of our legal blog know that back in March, Florida Gov. Rick Scott signed a bill to extend the Statute of Repose. The statute is, of course, the ultimate deadline for latent construction defect claims. Some observers believe the extension will result in higher insurance premiums for developers, contractors and the real estate industry.

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