SB24-112 Summary

• Amends the "Construction Defect Action Reform Act" to clarify that disclaimers do not impose obligations on construction professionals to provide express or implied warranties and do not amend warranty terms or limitations.

• Establishes that construction professionals are not vicariously liable for acts or omissions of licensed design professionals in connection with construction defect claims.

• Increases approval threshold for unit owners' associations to initiate construction defect actions from a simple majority to a two-thirds majority of votes.

• Requires associations to reobtain unit owner approval and provide notice when amending or supplementing a proposed construction defect action after the initial meeting.

• Requires unit owners' votes to be signed, mandates associations provide construction professionals with lists of nonresponsive unit owners within seven days of approval, and allows courts to stay actions and require revoting if associations failed to make diligent efforts to contact nonresponsive owners.