Legal Alert: California Assembly Takes Up 10-Year Statute of Repose
May 06, 2011
Every developer in the state knows that its exposure to construction defects liability is cut off 10 years after the substantial completion of the development. This 10-year "statute of repose" is one of the few dependable comforts that developers enjoy in California. Now, however, the state assembly is taking up a bill - AB 1207 - which proposes to chip away at the 10-year statute of repose in cases involving alleged exposure to hazardous or toxic materials.
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