Reprinted with permission from Building in Maryland and Washington, D.C., July/August 2011

As most association warranty and construction claims are settled in some manner without an adversary proceeding or are ultimately settled as a result of such a proceeding, it is important to consider the type of settlement structure that should be pursued as part of this process. There are many different types of settlements that are used to resolve claims, but most fall within certain categories. The following summarizes the types of settlements typically used to achieve a resolution without litigation or arbitration and some of the benefits and drawbacks of each. Read More.

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