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 […]
RQ Law Blog
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 […]
