Groups on both sides of the legislative battle over construction defects litigation expressed optimism this weekend that bipartisan legislation introduced late Friday could be a step toward resolving a problem that has frustrated lawmakers for years.
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Senate President Kevin Grantham tossed some cold water this weekend on the bipartisan backslapping that greeted the introduction of a new bill aimed at resolving longstanding tensions over construction defects litigation policy and spurring moribund condominium construction across the state. “Don’t call it a compromise,” the Cañon City Republican told The Colorado Statesman on Saturday. […]
A bipartisan group of legislators introduced a compromise bill late Friday aimed at encouraging developers to build condominium projects while preserving the right of homeowners to have their day in court.