economic loss rule

Does the economic loss rule prevent recovery by an HOA against a developer for common area construction defects?

The economic loss rule is a rule that

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Statutes and Cases:

(For reference: 57-8 is the Condo Act, 57-8a is the Community Association Act, 16-6a is the Nonprofit Act)

Davencourt at Pilgrims Landing HOA v. Davencourt et al. (economic loss doctrine, developer duties, implied warranty of habitability) '09