February 9, 2015

Tell our lawmakers to pass AB 125 now!

Abusive and excessive construction defect lawsuits are depressing the housing construction sector in Nevada, especially for multifamily housing, which has borne the brunt of Chapter 40. New home construction should and can mean more Nevada jobs and economic growth, but excessive Chapter 40 claims have caused insurance and legal costs to skyrocket.

Now is the time to fix Chapter 40 construction defect abuses! AB 125 was introduced in the Assembly on Friday, and we need you to urge your legislators to move this out of committee.

The impacts of construction defect have plagued our state for nearly a decade. AB 125 will help revive our state's housing market and bring more jobs to Nevada.

It's time for action!

A JOINT hearing of the Assembly and Senate Judiciary Committees has been scheduled:

Wednesday, February 11, at 8:00 am

Room 4100 of the Nevada Legislature, Carson City, NV

Videoconference available in Room 4401 of the Grant Sawyer State Office Building - 555 E. Washington Ave., Las Vegas, NV.

The stage is set. This is our one chance. We need your help!

Please come and bring as many people as you can spare this Wednesday, and sign-in in support! The most effective mobilization we have is your relationships in our community. Please encourage anyone and everyone to attend. Your presence makes a difference. This will likely be our only hearing. With your help, we are going to make this happen.

If you can't make it, we still need your help.

If you can't make it in person, please contact our legislators and share this message with others.

About AB 125

Our reform proposals were developed with the goal of restoring Chapter 40's original intent, of facilitating a quick and efficient resolution of construction defect claims whenever possible.

The proposed reforms can be achieved while still ensuring that homeowners with legitimate defect claims that cannot be resolved through the warranty or Chapter 40 process retain access to the judicial system.

AB 125 has the following components.

Require that a construction defect either cause physical damage to a residence or create an unreasonable risk of physical damage to persons or property.
Treat attorney's fees in a construction defect case the same way fees are treated in other lawsuits.
Ensure that the inspection and repair process is conducted in an effective, timely and cost-efficient manner.
Homeowners should be clearly informed of their rights and obligations in a construction defect case.
Early resolution of construction defect cases should be encouraged. Parties should have the freedom to explore alternative methods of dispute resolution so that litigation becomes a last step, rather than the first step.

Join the cause and find out more...

Get involved at Nevada Home Builders

Sincerely,

Aaron West

CEO
The Builders Alliance

BAWN | | [email protected] | http://www.bawn.org
806 Randell Dr
Carson City, NV 89701