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Guest Columnist

Aug. 25, 2009

Statute of Repose Construction Defect Ruling Benefits California Developers

By JEFFREY D. MASTERS and JOANNA HUCHTING In the current adverse sales environment, many developers are electing to complete their condominium projects but rent the units as apartments until the market improves.

By JEFFREY D. MASTERS and JOANNA HUCHTING

In the current adverse sales environment, many developers are electing to complete their condominium projects but rent the units as apartments until the market improves. This strategy raises a significant question about the effect of California's 10-year statute of repose for latent construction defects: Does the statute commence to run upon substantial completion of the project or from the date of sale of the ...

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