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.
Supporters of a Republican-sponsored bill to require condominium owners and builders to submit claims alleging construction problems to arbitration howled with outrage Wednesday after Democratic House Speaker Crisanta Duran assigned the legislation to the House “kill committee.”
The Colorado Senate gave bipartisan approval Tuesday to a Republican-sponsored bill to require owners and builders of condominiums to submit disputes over construction problems to arbitration or mediation before filing class-action lawsuits.
There will be more bills introduced this session aimed at bringing reforming construction defect litigation to the state as a way to address the slowdown in housing construction. That was the big news to come out of the state Senate leadership’s media avail on Monday. Senate President Kevin Grantham, R-Canon City, promised a package of […]