An international developer considering condominium projects in Washington should be abreast of the potential risks and liabilities arising from the Washington Condominium Act (“WCA”), which provides a broad array of warranty protections for condominium purchasers. The WCA has given rise to a significant increase in the number of construction defect lawsuits — a deterrent to both domestic and international developers in pursuing condominium projects, which has led many developers to construct apartments. In an article for the Journal of Commerce of Canada, Loni L. Hinton addresses several points that international developers should consider early in the development of a condominium project in Washington. Read the full article here.
Originally published as “Industry Voices Op-Ed: Risk mitigation advice for Washington condominium developments” by Journal of Commerce (of Canada), March 18, 2019.