Lawyers Warn Mandatory Warranties May Not Protect Homeowners

Leaky home experts are concerned that a proposed revision of the Building Act may financially jeopardize homeowners, especially those in apartments. The Government plans to change liability laws so that parties involved in defective builds are no longer jointly liable, but instead share responsibility. To protect homeowners, it will require building warranties for projects over $100,000 and mandate professional indemnity insurance for architects and engineers lacking coverage.

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