How does the Fix It Law benefit the home-building industry?
The major benefit is that homebuilders now have a statutory right to repair defects before homeowners may initiate a court action or arbitration proceeding. The right to repair is important for most builders, because it is consistent with their corporate philosophy to provide excellent customer service and retain homebuyers as customers for life. Builders are in the business of building homes, not litigating construction defects. Litigation is extremely expensive; it creates uncertainty and often lasts for several years. This law allows developers to control their own destiny and focus on what they do best: building homes and serving customers. What steps must a company take to abide by the Fix It Law, and does this law work? The lengthy and complex Fix It Law contains numerous requirements that the builder must abide by in order to preserve the right to repair. Accordingly, any builder who wishes to invoke the right to repair must read the Fix It Law very carefully. As a general overv