Stoel Rives has established one of the most active common interest ownership practices in Washington. Our attorneys are known for their knowledge of common interest ownership law, their understanding of the development and construction industries, and their practical solutions to legal and business issues. We can assist with the development, marketing, and sale of residential, mixed-use, and industrial projects, whether structured as traditional condominiums, airspace condominiums, subdivisions, planned unit developments, or cooperatives. We can also assist with construction contracting and construction litigation.
Our Services
- Structuring complex co-ownership regimes
- Creating mixed commercial and residential developments
- Negotiating rights and responsibilities of major owners and tenants in mixed-use projects
- Planning multi-phase communities
- Complying with the Interstate Land Sales Full Disclosure Act
- Anticipating secondary mortgage market requirements for residential projects
- Controlling exposure to construction defect claims
- Coordinating construction and design contracts with developer warranty risks
- Establishing wrap insurance programs
- Defending construction defect litigation
- Restructuring failed co-ownership projects
- Expanding and modernizing existing co-ownership communities
Industry Leaders
We are actively involved in Washington state legislative matters relating to common interest ownership and real estate development. In recent years, we have drafted and testified and negotiated for legislation amending the Washington Horizontal Properties Regime Act, the Washington Condominium Act, the Washington Homeowners Association Act, and the Washington Common Interest Ownership Act, including warranty reform and housing production.