(a) If a claimant unreasonably rejects an offer made under Alaska Stat. § 09.45.881 – 09.45.899 or does not give the construction professional a reasonable opportunity to repair the defect under an accepted offer of settlement, the claimant may not recover an amount that exceeds

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Terms Used In Alaska Statutes 09.45.889

  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
(1) the reasonable cost of the repairs offered under Alaska Stat. § 09.45.886(1) that are necessary to cure the defect and that are the responsibility of the construction professional; or
(2) the amount of a reasonable settlement offer of money that was made under Alaska Stat. § 09.45.886(2).
(b) If a claimant unreasonably rejects a construction professional’s offer made under Alaska Stat. § 09.45.881 – 09.45.899 or does not give the construction professional a reasonable opportunity to repair the defect under an accepted offer of settlement, the court may deny the claimant an award of attorney fees and costs and may award attorney fees and costs to the construction professional.
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