News & Analysis as of

Condominiums Proposed Legislation Real Estate Development

Otten Johnson Robinson Neff + Ragonetti PC

Proposed State Legislation Would Nearly Double the Statute of Repose under the Colorado Construction Defect Action Reform Act and...

While Colorado struggles with an ongoing housing supply deficit and potential buyers grapple with interest rate resistant prices and higher costs of borrowing, local and state governments are entertaining all kinds of...more

Bilzin Sumberg

Senate Bill 4-D And The Champlain Towers South Disaster: A Problem In Response To A Problem

Bilzin Sumberg on

On June 24, 2021, we witnessed one of the most disturbing events in recent memory. A residential condominium building in Surfside partially collapsed overnight leaving 98 people dead and the surviving residents without a...more

Saiber LLC

Recent Bills Introduced in New Jersey Address COVID-19 Real Estate Evictions and Lawsuits

Saiber LLC on

New legislation in New Jersey has been introduced that, if enacted, will impact tenants, landlords, and planned real estate developments (most commonly condominiums) in the State; one that seeks to strike a balance between...more

Ballard Spahr LLP

Sept. 15 Deadline for Developers to Oppose DC Condo Warranty Legislation

Ballard Spahr LLP on

The DC Council has proposed legislation that would dramatically increase developers’ exposure for condominium warranty liability and could impact developers’ financial ability to finance, develop, and construct condominiums....more

Ballard Spahr LLP

DC Seeks to Expand Condo Warranty Liability

Ballard Spahr LLP on

The DC City Council has proposed two bills intended to make it easier for condominium associations and unit owners to pursue warranty claims against developers and obtain release of warranty funds....more

Lowndes

“No Man's Life, Liberty, or Property are Safe While the Legislature is in Session” – First HOA Bill Filed for the 2019 Florida...

Lowndes on

As we get ready to officially open the 2019 Florida Legislative Session, it will behoove real estate investors (and others) to heed Judge Gideon Tucker’s 1866 quote....more

Baker Donelson

Proposed Legislation Would Require Condo Developers To Provide a Reserve Study and Reserve Account

Baker Donelson on

House Bill 997 in the Maryland General Assembly would require a developer, upon transfer of control of the project, to provide the council of unit owners with a reserve study prepared by a “certified” engineer. The bill...more

Lowndes

Distressed Condominium Act: Mitigating the Legislative Risks

Lowndes on

The Distressed Condominium Relief Act (“DCRA”) is currently set to expire on July 1, 2018. More specifically, effective July 1, 2018, acquirers of distressed condominium units will no longer be eligible for the “bulk buyer”...more

Sherman & Howard L.L.C.

Construction Advisory: Passage, Defeat, and Uncertainty: The Colorado General Assembly Tackles Construction Defect Reform in the...

The Colorado General Assembly is heading towards the conclusion of this year’s legislative session. Although one construction defect bill, House Bill 1279, passed the House and is expected to pass the Senate, most bills have...more

Sherman & Howard L.L.C.

Construction Defect Claims Tackled By Lakewood

The impact of construction defect lawsuits on condominium development in Colorado has been a hot topic recently. Colorado law treats residential construction differently than non-residential construction. This increases the...more

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