Summary
The bill amends the Construction Defect Action Reform Act (CDARA). The bill provides restrictions on when claimants can bring construction defect claims, including barring claimants from seeking damages for failing to comply with building codes or industry standards unless the failure results in actual damage to real or personal property, verifiable danger to the occupants of a residential property, or actual failure of a building component to perform its intended purpose. The bill also clarifies the powers of unit owners’ associations to bring construction defect actions.