Condo Developers Must Understand Building Defect Claims

By Johanna Schneider, Jonathan Hayden and Francesco De Vito (March 21, 2018, 3:56 PM EDT) -- All real estate developers should stay cognizant of their duties concerning alleged building defects, but condominium developers especially should understand building defect claims and their legal limitations. While buyers of newly constructed residential property, whether a single-family home or a condominium unit, have always had a variety of avenues to litigate alleged building defects, the nature of condominium ownership and the larger scale of condominium development projects make alleged building defects in newly completed condominium projects an attractive litigation opportunity....

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