P Labs and Property Inspections

September 25, 2008

News — Tags: , , — admin

The following news item on HNZ’s successful court ruling enabling them to seek compensation from convicted P manufacturers who used one of their properties is excellent news for all rental property owners. However the key lesson to be learnt from this is that regular property inspections are essential.

If Housing NZ had conducted thorough and regular inspections of their property the damage would have been more limited. Although they have won the right to seek damages from non tenant perpertrators, there is still the problem of actually getting the money from them. (more…)

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