District Court of Colorado Revisits Legal Process for Challenging Appraisal Awards
Recently, the district court of Colorado revisited the legal process for challenging an appraisal award. Specifically, the Anita Court clarified whether a causation determination in appraisal is permissive, citing the ...
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Preventative Maintenance Plan “To Do” List
Click here to download the checklist (Preventative Maintenance Plan “To Do” List) 2. ___________ Follow the Preventative Maintenance Plan. Retain qualified professionals (contractor, engineer, etc.) to inspect all association-maintained improvements. Best Practice Tip 4: Liability! The board and its management company should not do the inspections. 3. ___________ Review and Act on the Inspection Summaries. After inspections have been conducted,…
Signs of Serious Roof Damage
Worried about roof damage after a major storm? Maybe your building got lashed with wind-driven rain for hours on end. Maybe hail tore into the shingles and then it started raining on top of everything else. Maybe it was the wind alone, ripping off shingles and causing damage that gives water a way to get in. The importance of a…
Colorado Bad Faith Claims
Under Colorado common law, insurance companies owe a duty of good faith and fair dealing to their insureds. When an insurer acts in bad faith, it breaches this implied duty of good faith and fair dealing and a claimant can take legal action against it. To succeed, a claimant must prove that the insurance company unreasonably delayed and/or denied payment…
Hail damage on pace to hit all-time high in 2019
According to insurance experts, 2019 is shaping up to be the worst year on record for hail damage in the United States. As of mid-April, there have already been 664 hailstorms reported, which is more than were reported in all of 2018. In addition, April, May and June are typically when most hailstorms occur, so this year’s total will almost…
The Stunning Financial Impact of Hail Between 2013 and 2017
When hail strikes in a ferocious storm, it often doesn’t last long. People quickly duck inside to wait it out. When they emerge, though, they may find lasting damage that poses an incredible financial cost. Even a short storm can be absolutely devastating for local property. If you want to see what this impact looks like firsthand, let’s look at…
Specific Instances You Can File a Mechanic’s Lien
As a contractor, you probably take great pride in the work you do for your clients. Whether you enjoy bringing a project to fruition or helping others in their time of need, working in the construction field can be fulfilling in numerous ways. However, while contracting on several projects with a wide variety of people, you probably want to do…