Thursday, October 23, 2008

Arizona Proposition 201 - NO

Prop 201 calls itself the "Homeowner's Bill of Rights."

Rather than include an outline of its content, I will make my recommendation right up front. Vote AGAINST 201. The proposition forbids home builders from recovering attorney's fees from buyers who sue them. This removes all incentive to mediate or find a mutually acceptable resolution to a dispute over flaws in a new home. If this proposition passes, lawyers will troll new neighborhoods looking for clients to sue the home builder over the smallest of flaws. No risk to the purchaser, but a massive risk (read cost increase) for the builder.

I am for massive lawsuit reform, including loser-pays. This is the very opposite.

I recommend voting NO on 201.

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