› Flat Chat Strata Forum › Common Property › Common property – OC building works – loss of rental to unit owner › Current Page
@Rita C said:
The additional comment (which is incomplete) must be read in conjunction with the original question, at the bottom of the page.There is specific provision in the home warranty insurance policy for payment by the insurance company of the cost of alternative accommodation, removal and storage costs, BUT no specific provision in relation to consequential loss of rent, which will result if the tenants are required to vacate the unit or if they remain in occupation at a reduced rental
OK, I think that’s much clearer. There is nothing specific in strata law about this that I can see. I would say your best way forward is to make a claim in as friendly a way as possible that outlines your potential loss and see if the insurance company or the Owners Corp comes to the party. Regardless of some of the other comments here, I think they should and if they do, then all well and good.
If they don’t, you have to look at how much you are going to lose and talk to a lawyer about your chances of winning a claim for compensation in court