Describing The Home building industry as an “astonishing panorama of waste, fraud, and abuse,” a statewide probe of home building in New Jersey called for a series of legislative and regulatory reforms. The independent State Commission of Investigation recommends stricter licensing and performance standards for builders, expanded criminal statutes, and a “lemon law” to protect consumers. The investigation was launched after new-home buyers complained to the U.S. Attorney’s Office in Newark, N.J.
Learn more about markets featured in this article: New York, NY.
