Author: John Townsend Cooper

Effects of construction defect litigation on CONDO LOANS

Condominiums have proliferated in the Charleston area over the last two decades, both through conversions and through dedicated new construction. Some of these projects seem to be plagued by construction defects that have resulted in repair assessments to unit owners and in construction defect litigation by HOAs seeking to recover for the fallout associated with the defective work on behalf of affected owners.

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