You can’t deliver great legal advice without knowing what’s happening in the world. So our people keep their finger on the pulse so we can share our expertise on hot legal topics and key industry updates.
What you can do to reduce your risk As a property owner (or principal) one of the biggest risks on a building project is the builder/ main contractor ‘going under’ during construction.
Following the Christchurch and Kaikoura earthquakes, we all became very familiar with %NBS or New Building Standard as a measure of the seismic risk of a building or how vulnerable the building is likely to be in the event of an earthquake.
Most modern subdivisions now include land covenants which are registered against the titles. These are effectively rules that the land owner must abide by when owning the land.
The need to get it right. One of the main purposes of the Construction Contracts Act 2002 (Act) is to facilitate regular and timely payments between parties.
While reviewing LIM reports we have come across several instances where building consents have been obtained for earthquake repairs, however a code of compliance certificate hasn’t been issued.
