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Committee hears bill to expand 2‑10 warranty option to 'stacked flats' to boost condo supply
Summary
House Bill 2304 would allow a 2‑10 warranty product and express warranties for certain small or stacked‑flat condominium projects, a change supporters say reduces liability and insurance costs and could spur accessible, lower‑cost condo construction.
The Senate Housing Committee considered House Bill 2304, a trailer bill that would expand options for condominium warranty coverage and allow stacked‑flat condo projects to qualify for the statutory 2‑10 warranty process previously available for other housing types.
Staff explained that the Washington Uniform Common Interest Ownership Act (WACIOA) creates implied warranties for condominium builders; HB 2304 would let a declarant or dealer provide an express warranty (a 2‑10 warranty product) for new or converted condominium…
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