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Defective insurance?

By: Contributor(s): Series: Estates Gazette ; (0215) 13 April 2002, 130(1)Publication details: 2002Subject(s): Summary: 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.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS65399 (Browse shelf(Opens below)) 1 Available 117836-1001

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.