If passed the "Homeowners' Bill of Rights" would require a minimum 10-year warranty on new homes, allow a homeowner to participate in the selection of contractors to do repairs, and allows homeowners to sue home builders without being responsible for the builders' attorney costs. Home buyers would have the right to cancel within 100 days and get back most of their deposit.
Click on "Read more" to see a synopsis of the pros and cons and find more information about this ballot measure.
Will you vote in favor of Proposition 201?
1) Yes, homeowners need more protection from and leverage against home builders.
2) No, requiring litigation to settle disputes is counterproductive, and only unions and lawyers will benefit.
Advocates of Proposition 201 say that: "The Homeowners Bill of Rights is based on the notion that if you buy a house and it turns out to be poorly built you should be able to do something about it. It is based on the notion that consumers should get what they pay for and that sellers should be held accountable for the quality of their product. It is based on the notion that transparency and full disclosure is a consumer right." Passage "will help increase the leverage prospective buyers and current home owners have when dealing with home builders."
Opponents of Proposition 201 say that: "Prop 201 [is] an unnecessary initiative that will encourage litigation and increase costs for both consumers and home builders. Current law already provides a process for home owners and home builders to resolve construction related disputes prior to filing any lawsuits. These laws have been in place for years and have resulted in increased consumer satisfaction, reduced litigation costs, and lower insurance premiums for home builders and homeowners alike." "Prop 201 is a boon for trial lawyers, and does little to aid home buyers or the construction industry."
UPDATE: Proposition 201 failed with 78% of the voters voting no.
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