CONSTRUCTION LEGAL ENVIRONMENT
 II. Florida’s construction defect statute, F.S. 558.001 and the balance of Chapter 558 which
 became effective on M ay 27, 2003 has caused considerable confusion among construction
 practioners 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 fumish 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 conceming the
 Mutual Exchange of Evidence, the Right to Inspect the Property, Destructive Testing, the
 Contractor’s Failure to Take Any Action, the Contractor’s Failure to Honor an Agreement to
 Make Repairs, and the time limits to complete promised repairs.
Finally, provide a conclusion regarding the effectiveness of this statute and its benefit(s),
 if any, to the construction industry and the homeowner.
III. Due Date and Courcse Grade
This assignment shall be worth ten (10%) of the total course grade and shall be due no
 later than November 25, 2013. No excuses are acceptable given students have four (4) months to
 complete this assignment. A letter grade will be deducted for every day the graduate student
 paper is later.