Warning – Kasdan Simonds Riley May Be In Your Neighborhood
This article came up on a recent search on Technorati for items tagged with “construction defect”. Apparently Kasdan Simonds, a well-known construction defect law firm representing primarily homeowners and HOAs, sent out marketing letters to a community up in the Valencia area. It is fairly old, but it certainly is an interesting read…
“BEWARE of these solicitations for your business that are carefully engineered to look like bonafide legal agreements for a lawsuit in progress. This latest version of mass mailings from this firm included a multi-page “Legal Services Agreement”, which if signed, does in fact create a binding agreement to use this firm’s services.
What they are trying to do is solicit enough homeowners to sign up with them to create a class action lawsuit against the various builders in Tesoro del Valle regarding alleged construction defects.
How does this affect you as a homeowner? If you do have unresolved issues with your builder, then of course you should contact a qualified legal counsel to request assistance in resolving any issues that the builder has failed to address. However, if you join in on this lawsuit with the intent of getting some “free money” from the builder and you do NOT have any significant issues with your home, then joining this lawsuit may only have the result of making it difficult to sell your home in the future.
Why? Because when you sell your home, you’ll be required to disclose to your potential buyers that there is a pending lawsuit involving your home. This may make it more difficult for your buyers to obtain financing, which of course will then make it harder for you to sell your home.”
8 February 2007 | Construction, Construction Defect, Litigation | Comments
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