34
N O V E M B E R , 2 0 1 7
ENGINEERS ARCHITECTS CAPITAL RESERVE SPECIALISTS
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a developer’s contractors and design
professionals.
While innately fact-driven and evi-
dence specific,
1
Palisades
held that
the six-year statute of limitations on a
condominium association’s direct claims
against a developer’s contractors and
design professionals for construction
defects begins to run upon the latter of
six-years from: (a) substantial completion
of the contractor’s work, or (b) when the
“owner” knows, or should have known
through the exercise of reasonable dil-
igence, of the existence of a claim.
Remarkably, the
Palisades
use of the
term “owner” was not exclusive to the
condominium association, but included
CONSTRUCTION
DEFECTS...
from page 32.