Colorado Legislature gets 2 affordable housing bills; construction-defects reform yet to come

Colorado Legislature gets 2 affordable housing bills; construction-defects reform yet to come

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DENVER – Legislators fired the first two volleys in this year’s construction-defects reform debate Wednesday, though neither is the main bill on the subject that is expected to become one of the most-discussed measures of the 2015 session…

Heidi Storz, a Golden attorney who specializes in construction-defects law, noted that reducing the statute of limitations to four years would tie Colorado with Arkansas and Tennessee as having the shortest time frames to find and file suits regarding construction defects. That’s a particular problem because many defects don’t become obvious for four or five years, until repeated rain and snow storms show the cracks or deficient roofing that may mark a home.

“I think this one actually shows the true colors of what the builders are going for — immunity from liability,” Storz said, adding that she doesn’t believe the shorter-term insurance policies would lead to more affordable housing going up….

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