Write a ten (10) FULL pages of content with proper accreditation addressing:
Floridas construction defect statute, F.S. 558.001 and the balance of Chapter 558 which became effective on May 27, 2003 has caused considerable confusion among construction practitioners and contractors relating to its procedure and enforcement.
This statute dramatically altered the industry in the litigation of construction defect claims by requiring homeowners to provide contractors and other allegedly responsible parties with prior written notice and an opportunity to cure the alleged defects prior to filing a lawsuit.
Please furnish a summary of the obligations, responsibilities and time limitations imposed on those parties required to serve notice of the defect and those parties receiving notice of the defect. Discuss both the positive and negative aspects as it relates to both parties concerning:
-the Mutual Exchange of Evidence
-the Right to Inspect the Property
-the Contractors Failure to Take Any Action
-the Contractors Failure to Honor an Agreement to Make Repairs
-the time limits to complete promised repairs.
Finally, provide a conclusion regarding the effectiveness of this statute and its benefit, if any, to the construction industry and the homeowner.
***ATTACHED will be finished paper on this same topic that you can use ONLY as a reference DO NOT COPY or Plagiarism at all from this attached paper!! but use it to gain ideas****