What caused the property to subside?
It’s important to know what has caused the subsidence, mainly so that you know whether it is something that could be a continuing problem or a one off problem that can be permanently fixed. You will need to secure a specialist engineer’s or surveyor’s report to know exactly what caused the subsidence and what remedies were required to solve the problem. 2. Can the current buildings insurance policy be transferred to you on completion and can you continue to claim against it for further problems? This is an incredibly important question to clarify. Some properties are sold with subsidence already identified and as the seller you can sell a subsiding property if your insurance company will allow you to transfer the insurance to the new owners. If you do decide to sell a property that needs work however, bear in mind that the number of people that will purchase will be limited and you will have to sell the property at a discount in order to attract an offer. 3. Can a new insurance company
Related Questions
- Why is the focus of the update exclusively on shoreline property owners? Are not most of the impacts caused by development of the watershed generally?
- HOW DO I PROVE THAT A MERCHANT CAUSED ME TO SUFFER AN ASCERTAINABLE LOSS OF MONEY OR PROPERTY UNDER THE NEW JERSEY CONSUMER FRAUD ACT?
- My neighbours have had some work done to their house and I believe its caused damage to my property. What can I do?
