Nevada  |  Real Estate Law

Legal Question

Asked on: 2/17/06, 1:02 pm

legal recourse w/large developer from loss of rental income

I purchased a new home in Las Vegas NV from a large developer in 2004. We had a walkthrough of the house in Jan. and was told verbally the ''warranty'' items would be fixed w/i 2-3 weeks. I notified the developer flew to LV in March and many other times (total time flown to LV in 2005 is 8+) but nothing was done. Things dragged on until the beginning of Feb. 2006 before they finally finished everything. We have lost revenues due to the property not being in rentable condition due to no working phone line, garage door doesn't lock (safety issue), bathroom door knob missing, (replaced knob w/o lock), construction debris left in the house (another safety issue), and a whole slew of other problems. Though the company insists that it's rentable, we disagree. (In 2005, we had potential tenants that wanted to rent the house, but due to the above conditions not being corrected/fixed in time, it fell through.) Right now, we just rented the property out for $1,150/mo. So the loss of revenue is $16,100 for the 14 months that it was not rented out. Do I have any legal recourse? I live in CA. I would like to get my lost revenues + an additional year of warranty since nobody lived in the house to use the warranty for the appliances.

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