Have you ever tried to get an insurance company to pay for siding replacement of hail-damaged siding? Better yet, have you ever been “lucky” enough to try and convince an insurance carrier to pay for replacement of all siding on a building (even the siding not damaged by hail) so all the sidingGo to Resource
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On February 17, 2015, the Lone Tree City Council passed by a unanimous vote, an ordinance aimed at encouraging construction of condominium housing within the city limits. The ordinance essentially strips the ability of any association to seek redress from a building for defective construction, thus placing the burden on implementing repairs withinGo to Resource
When an association, director, management company or manager is sued, each named party has to make a decision (preferably in consultation with legal counsel) whether to report the claim to insurers for a possible paid defense. In an effort to avoid negative claim history, and to decrease the chances for a premium increase,Go to Resource
The long anticipated construction defect reform bill was introduced into the senate on February 10, 2015 as SB 15-177. Sponsored by Senators Ulibarri and Scheffel in the Senate and co-sponsored by Representatives DelGrosso and Singer in the House of Representatives, the Bill has bi-partisan support. Similar to the bill introduced last year, SBGo to Resource
On February 17, the Lone Tree City Council will vote on an ordinance intended to encourage more condominium communities in Lone Tree. The proposed ordinance removes an association’s right to a jury trial in a construction defect case and instead mandates arbitration. The proposed ordinance also attempts to take away the governance authorityGo to Resource