In a previous article, I explained why, in our view, a Homeowner is entitled to recover any added interest paid under a loan contract in respect of a building contract between the contractual date, and the actual date of practical completion of the Works (the Overrun Period).
When a (Builder) delays achieving practical completion under a (Building Contract), a (Homeowner) may commence legal proceedings against the Builder and recover various losses sustained between:
- the contractual date for practical completion; and,
- the actual date of practical completion.
VIDEO - Lawyer Will Vogt interviewed by The Project after hundreds of families have been left in limbo for years, paying mortgages for houses they can't live in after property developer Nicheliving won an appeal to keep operating after it was stripped of its registration.
If you have recently purchased a property and discovered significant defects that were not disclosed in the pre-purchase inspection report, you are likely wondering whether you have any legal recourse against the building inspector. This article provides a breakdown of the relevant considerations which may give rise to such recourse.
AUG 26 - IMPORTANT ANNOUNCEMENT regarding Nicheliving's deregistration:
- Countering Misinformation: What Homeowners Need to Know About Nicheliving, Insurance Coverage, and Contract Termination
- Homeowners: Do you have this clause in your Building Contract?
- Nicheliving’s Registration Expiry Does Not Void Your Building Contract
- Tips for Subcontractors to manage their liquidated damages
