Home Warranty Does Not Survive Minn. Builder's Corporate Dissolution

ST. PAUL - Homeowners promised a 10-year warranty are nevertheless barred from bringing claims against a corporate builder after the corporation's lawful voluntary dissolution, Minnesota's Supreme Court affirmed Nov. 23. Camacho v. Todd and Leiser Homes, No. A04-599 (Minn. Sup. Ct.).

Writing for a unanimous court, Supreme Court Justice Alan C. Page explained that the dissolution statute acts as a statute of repose barring undiscovered claims against such dissolved corporations even though the warranty period may not have run out.

In July 1999, Arturo and Kristi Camacho paid $305,000 for a house that was constructed in 1993 by Todd …