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Mold generating lawsuits against building owners.
From:
Real Estate Weekly
| Date:
October 17, 2001| Author:
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COPYRIGHT 2001 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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The presence of mold in residential and commercial buildings is generating a new wave of litigation against builders, building owners and property managers for personal injury and property damage. At the close of the third quarter, this issue represents one of the most serious new threats to face the industry.
Mold has been the subject of disputes between insurers and their policy holders. And, while mold growth in indoor environments is not new, the issue has generated national media attention and led to the creation of dozens of mold sites on the Internet.
Visible mold ...
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