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ARTICLE · 08 AUGUST 2005

Bills Pending at the Legislative Assembly

The Oregon Legislative Assembly is considering several bills that, if passed, could affect YOU:

United StatesReal Estate and Construction
Thomas Ped
Thomas Ped

The Oregon Legislative Assembly is considering several bills that, if passed, could affect YOU:

No Recovery if Owner Rejects Contractor’s Offer to Repair

SB 2525 would amend Oregon’s still relatively new notice of defect law for residential homes. Under the amendment, an owner that rejects an offer of a contractor (or a subcontractor or supplier) to repair a home would be prohibited from recovering against the contractor in an arbitration or court action. The limitation would only apply with respect to the defects the contractor offered to repair. This would be a very important benefit to homebuilders. Remember, however, that Oregon’s notice of defect law contains some very strict deadlines for responding to owner notices. For example, you have 14 days to respond to the first notice. If you do not respond in time to a notice of alleged defects, you can lose your rights!

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