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DLI is a strict liability insurance product of first resort that covers critical building elements, such as structure, waterproofing and fire safety systems.
It allows building owners to make a claim at any point in the first 10 years post occupation – even if the developer or builder are no longer trading.
An option is proposed to make DLI permanent and replace the existing two-year scheme after a transition period.
[See the full post at: Have your say on building defect insurance]
The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers.
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