Here is a loophole that property developers use. Let's say you're building a new subdivision called Rosewood. Create a new company for the project, e.g. the R

Here is a loophole that property developers use. Let's say you're building a new subdivision called Rosewood. Create a new company for the project, e.g. the Rosewood Development Company and dissolve it after the project is complete. This deters or possibly prevents your company from being liable for construction defects.