Cape Coral city officals are waiving building permit fees that are associated with repairing homes with defective chinese drywall which could potentially save homeowners hundreds of thousands of dollars in fees.
Real Estate License holders and Landlords must disclose Chinese drywall in to buyer/tenant. If this information is not provided within 60 days the lease may be terminated…
A summary judgment in Builders Mutual Insurance Co., v. Dragas Management Corporation, rules in favor of insurance company claiming Dragas had no legal obligation to pay remediation costs as damages.
A Chinese drywall class-action lawsuit was settled for $54.5 million, which will cover the remediation of 2,000 to 3,000 homes in Florida. The lawsuit was settled with Miami based Banner Supply Co.
Chinese drywall battle in Virginia: After 2 years, more than 170 Hampton Roads homeowners are still fighting the Chinese drywall battle. Since many have sold their homes, lost them to foreclosure or bankruptcy. Many who have sold their homes were only able to receive less than half of what they paid.
Eight months into the Knauf Plasterboard Tianjin Chinese drywall pilot program with 14 homes completed and 77 more said to be completed or under construction by the end of June.
