Insuring building defects: new possibilities

Comments on the perceived unfairness of the tenant being responsible for latent building defects. Relates how the situation was changed in the early 1980s, making the commercial landlord responsible,which impacted developers. Discusses how insurance provides a solution,contrasting this with the “decennial” code. Explains how the policy should be worded and indicates premium costs. Concludes that future policies will have to be more comprehensive. Concludes that litigation is not a satisfactory solution.