515B Warranties’ Teeth Upheld by the Minnesota Court of Appeals
The Minnesota Court of Appeals recently issued an important decision in a construction defect action brought by a condominium homeowners association: 650 North Main Ass’n. v. Frauenshuh, Inc. et al, 2016 WL 4420781 (Minn. App. Aug. 22, 2016) (net yet published in N.W.2d). In its lengthy (19 page) opinion, the court clarified several important legal and procedural aspects of the “515B warranties” given to HOAs and their members by the Minnesota Common Interest Ownership Act (“MCIOA”).
Attorney Alex Nelson interviewed on Gene Sullivan’s “Where you Live”
Gene interviews BKSN attorney Alex Nelson about numerous construction defect litigation issues impacting HOAs, including statutes of limitation and repose.
Twin Cities Residential Construction Hits Speedbump in August, But On Pace YTD
The Builders Association of the Twin Cities released mixed news for August residential construction starts. August housing starts were down 20% year-over-year. However residential building permits remain more-or-less flat YTD from 2013 (total building permits are down just slightly YTD from 2013, while permitted units are up just slightly). On the whole, the statistics show continued recovery for the beleaguered new housing market.