Denver – According to lawmakers, the bipartisan bill to reform Colorado’s construction defects law was delayed again Wednesday. Groups representing builders and homeowners cannot agree over details of the bill, which would require a majority of unit owners in a condominium project to approve filing a complaint over defective construction. However, all parties, including NAIOP Colorado, the Commercial Real Estate Development Association, remain optimistic that a decision will be met soon.
The bill is scheduled for a hearing next Wednesday, April 19, before the House State, Veterans and Military Affairs Committee.
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