Governor Murphy signed into law Senate Bill 396, which tolls the 6-year Statute of Limitations for construction defect claims by condominium and HOA and cooperative corporations until the first election when unit owners take majority control of the association board.
On Tuesday, January 18, 2022, Governor Murphy signed into law Senate Bill 396, which automatically tolls (i.e. pauses) the 6-year Statute of Limitations for construction defect claims.
Real Property Update - Devise of Homestead Property: Devise of Homestead Property: Decedent’s homestead property did not pass via decendent’s last will and testament.
The Colorado Supreme Court recently upheld a lower court's holding that a condominium association that regularly used a parcel of land that abutted the association's property.
In most circumstances involving an insurer's extension of coverage for a property loss, an appraisal provision in an insurance policy provides an insured and an insurer a mechanism.