Nov 022004
 
Authors: Erin Skarda

Colorado voters Tuesday night struck down Amendment 34, which

would have allowed homeowners to collect larger damages from

construction companies that produce less-than-satisfactory

work.

The current damage limit is $250,000.

Advocates for the amendment said it would protect homeowners by

allowing them to be fully compensated for unsatisfactory

construction. Damages would be considered on a case-by-case basis,

rather than as a blanket policy. If enacted, proponents said the

system would have favored property owners instead of construction

companies.

Arguments against the amendment included that the proposal would

increase the cost of homes, insurance and number of lawsuits. Those

opposing the amendment said it would allow lawsuits against

construction companies and anyone else who makes improvements to

the property. Amendment opposition believes the current system is

fair to both property owners and construction professionals.

 Posted by at 6:00 pm

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