Neil (Texas)
Sophomore Member
- Joined
- Jan 16, 2002
- Professional Status
- Certified General Appraiser
- State
- Texas
http://eifslawfirm.com/
One of our colleagues sent me a copy of an ad that appeared in today's Dallas Morning News.
The heading read:
"URGENT NOTICE
ATTENTION
Dryvit Homeowners"
The body of the ad included:
"...
This Court finds that the Outsulation system would be defective if installed completely according to Dryvit's specification, details, and instructions due to it failure to accommodate inevitable and foreseeable water intrusion... the patented Outsulation "system" consisting of a method of application and the component parts, is intrinsically defective and thus is not merchantable.
Norfolk Circuit Judge Joseph A. Leafe,
Board of Directors of the Bay Point Condominium Association Inc, et al v. RMI, Corp. et al"
The above link takes you to the law firm's website.
Appraisers need to know the diference between EIFS and Stucco, not only for the property being appraised but the "comparables" being used.
[/b]
One of our colleagues sent me a copy of an ad that appeared in today's Dallas Morning News.
The heading read:
"URGENT NOTICE
ATTENTION
Dryvit Homeowners"
The body of the ad included:
"...
This Court finds that the Outsulation system would be defective if installed completely according to Dryvit's specification, details, and instructions due to it failure to accommodate inevitable and foreseeable water intrusion... the patented Outsulation "system" consisting of a method of application and the component parts, is intrinsically defective and thus is not merchantable.
Norfolk Circuit Judge Joseph A. Leafe,
Board of Directors of the Bay Point Condominium Association Inc, et al v. RMI, Corp. et al"
The above link takes you to the law firm's website.
Appraisers need to know the diference between EIFS and Stucco, not only for the property being appraised but the "comparables" being used.
[/b]