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Strata “Crisis” – 10-year Liability, Insurance Proposal

By Craig Ryan on March 19, 2020

Increasingly, the system of private certification of buildings is being slated, by those with expertise and knowledge in the area, as one of the main factors accounting for the crisis in the residential building industry in NSW. Construction lawyer, Jessica Rippon, is forthright in identifying private certification as a contributing factor, in her article “Closing ...more

Posted in Building and Construction Law Journal (BCL), Journals, News & Insight, Uncategorized | Tagged “fire safety concerns”, “friendly certifiers”, “strata living crisis”, 10-year liability, decennial liability, decennial liability insurance, decennial liability insurance market, defects in construction, design, Environmental Planning and Assessment Act 1979 (NSW), Fire and Rescue NSW, Home Building Act 1989 (NSW), Jessica Rippon, joint and several liability, mandatory insurance, materials, multi-storey developments, owners corporations, private building certification, residential building industry in NSW, special purpose vehicles, strata developments, strata or community schemes, strict liability, subrogation suits | Leave a response

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