COLORADO – Colorado officials demand change to condo defects law at State of the City address

Denver Business Journal:  Colorado officials demand change to condo defects law at State of the City address
By Molly Armbrister
August 15, 2014

Three mayors, a state legislator and the leader of a nonprofit all came together Friday at the Denver Metro Chamber of Commerce’s annual State of the City event to discuss a law that has been on the lips and minds of many in the real estate community: the construction defects law.

“This situation has to change,” said Colorado Sen. Jessie Ulibarri, D-Commerce City, who sponsored legislation in the 2014 session to help protect against lawsuits arising from the defects law.

The problem at hand is current law that allows homeowners’ associations to file large group lawsuits for construction problems associated with new condominiums.  Read more:

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