Defective insurance?
Corkum, K
Defective insurance? - 2002 - Estates Gazette (0215) 13 April 2002, 130(1) .
Looks at use of defects insurance solution in lease negotiation when parties cannot agree allocation of repairing liability. Recommends landlords offering defects insurance as tenant incentive, involve insurers from outset. Also tenants must examine matrix of policy and lease to assess value of incentive. Warns caution as may not be ideal solution.
DEFECTS
LEASE NEGOTIATIONS
Defective insurance? - 2002 - Estates Gazette (0215) 13 April 2002, 130(1) .
Looks at use of defects insurance solution in lease negotiation when parties cannot agree allocation of repairing liability. Recommends landlords offering defects insurance as tenant incentive, involve insurers from outset. Also tenants must examine matrix of policy and lease to assess value of incentive. Warns caution as may not be ideal solution.
DEFECTS
LEASE NEGOTIATIONS