James City County, Virginia, home to a number of houses built with tainted Chinese drywall, has lowered the property values of such homes to $100, plus the value of the land. The county’s actions will provide tax relief for homeowners burdened with the contaminated properties. Chinese drywall can emit noxious fumes that corrode electronic components [...]
A federal court judge in Virginia has ruled that a Virginia homeowner’s insurance policy did not cover damages caused by Chinese drywall. Judge Robert G. Doumar of the U.S. District Court in Norfolk found that the policy excluded damages caused by latent defects, faulty materials, corrosion and pollution. This is the first decision in many [...]
Florida homeowners affected by toxic Chinese drywall will get some financial relief through a bill signed into law this week. Under House Bill 965, properties with defective drywall will be eligible for an adjustment to the assessed value of the property. The new law will apply to assessment rolls from 2010 until July 1, 2017, [...]
The U.S. Consumer Product Safety Commission (CPSC) has published a list of drywall brands emitting the highest levels of sulfuric gases. The greatest emissions were found in drywall manufactured by Knauf Plasterboard in 2005 and Taian Taishan Plasterboard in 2006. Hydrogen sulfide from Chinese drywall has been linked to corrosion of household appliances and metals. [...]