Right To Repair Law Significance
A recent court decision is expected to give the state’s right-to-repair law more significance. Senate Bill 241, enacted in August 2003, requires that homeowners give builders a chance to repair defects before filing a lawsuit. The law was intended to reduce the number of defect cases and shotgun claims overloading courtroom dockets. The state high court ruling makes it far more difficult and costly for homeowners to pursue class-action suits since the owners of each residence must now prove the specific defects of their house.
And while it could result in more claims being filed, the claim amounts will be much smaller. Legal experts, however, feel that construction-defect attorneys will now be unwilling to take on cases that require more work for smaller payouts.
For more information read the article in Las Vegas Business Press.
This information brought to you by Las Vegas Homes and Real Estate.
