Construction attorney David Haber interviewed by WPLG local discusses legal issues stemming from Surfside building collapse. He tells the last thing any condominium board wants to do is levy an expensive assessment against the residents for anything that doesn't immediately affect market value of the building. They'll try anything from complete denial to patchwork repairs to avoid having to take on a huge remediation bill. So unless the building is in very obvious danger of imminent collapse, it won't get done. Board members are highly political and unqualified to make the decisions they do, this is the microcosm part. Interview was generally bad mainly because of that stupid woman who kept asking question obviously beyond the expertise of a specialist attorney. The attorney can't know if a 40 year recertification is frequent enough. But he does know the lawsuits are really going to be flying. The building insurer doesn't have to pay a dime if they can show the building was not being kept in a state of good general repair. Which it obviously wasn't. And any homeowner insurance the residents had usually only covers their belongings, it doesn't cover the market value of their condo.
- posted
2 years ago