No, we’re not talking about a Statue of Repose, such as Rodin’s The Thinker! There is actually a law, in virtually every state of the U.S., called a Statute of Repose, and that is our topic today.   Having a thriving business in the home construction industry means you must deal with certain daily realities and legalities. Knowing the basics and preparing for such risks will save you headaches and monetary loss down the road. What is The Statute of Repose? The Statute of Repose is a law that cuts off a right to bring a lawsuit after a specified … Read more »

BUILDER RISK Did You Know? Buying a home is one of the biggest decisions anyone will make over the course of their lives. Many prospective homebuyers want to lessen their risk as much as possible and increase the likelihood they will be happy with their purchase decision. Importantly, Builders also want to manage their risk of future litigation from their homeowners. The best way to manage such risk is by Builders giving new homeowners expressed, written warranties when they sell the home. Warranties assure homebuyers that the houses they are buying are in good condition. They also show homeowners that … Read more »