Month: May 2014
Colorado Legislature Considering Construction Defect Litigation Reform
Amy K. Hansen – May 2, 2014 Senator Ulibarri’s Homeownership Opportunity Act (SB 14220) was finally introduced Wednesday evening. This much anticipated bill represents a moderate compromise with bipartisan support to address construction defect litigation in condominium projects. As has been widely reported in the media, there are very few condominiums being constructed in Colorado, an… Continue reading Colorado Legislature Considering Construction Defect Litigation Reform
Construction and Procurement Law News
Monica Wilson Most contractors know that they need a license prior to execution of a construction contract. But in many states, the time to obtain a license begins long before execution. In Florida, for example, not only must a contractor be licensed to submit a bid, a contractor must also be licensed in order to… Continue reading Construction and Procurement Law News
FEMA Repeals Contested insurance Rule, Landrieu Says
Daily Comet – May 6, 2014 FEMA has fully repealed a provision that made it impossible for new buyers of homes or businesses to assume a property’s existing flood insurance policy, U.S. Sen. Mary Landrieu, D-La., said. She said she received word of the action during a phone call with National Flood Insurance Program Associate… Continue reading FEMA Repeals Contested insurance Rule, Landrieu Says