Ryland Homeowners v Ryland Homes
Ryland Homeowners May Enter Class Action
Potentially hundreds of Ryland homeowners whose homes were damaged during the 2004 hurricanes are allowed to join a class-action arbitration. An arbitration is the process by which both parties dispute their differences to the judgment of an impartial person, usually called an arbitrator, who is appointed by mutual consent.
Fifty to 80 homeowners are involved in the arbitration case, which involves homes built between 2000 and 2005, said one of the attorneys for the homeowners.
"Homeowners in the Orlando, Tampa and Fort Myers, Florida areas will be contacted in the coming weeks and have the option of not participating in the arbitration, said an attorney handling the case.
The homeowners filed the lawsuit in March 2005, after their homes were damaged during the storms because of shoddy work on the exterior finish that allowed water to leak inside.
