HB 420: CONTRACTOR REPAIR ACT; STATUTE OF REPOSE; NOTICE OF CLAIM; INSPECTION; REPAIR; REJECTION OF CLAIMS; CONSTRUCTION DEFECT; MEDIATION; STATUTE OF LIMITATIONS

Clarifies that the statute of repose applies to contract, tort, and statutory claims.  Clarifies the required contents of a notice of claim of a construction defect served on a contractor.  Clarifies the process and time frame by which a claimant may accept or reject a contractor's offer to settle and authorize repairs.  Clarifies the mediation process for construction defect claims.  Clarifies the statute of limitation or repose for construction defect claims.  (CD1)