Earthquake compliance concerns
Question from Engakura updated on 3rd December 2013:
I have been renting a property in an apartment building for nine months (of a 12 month fixed term lease). However just recently I have found out that the building I am living in is only 12% compliant with the earthquake building standards, the minimum is 33%. The engineers will not be starting on the building until next year. I have also been told that in the event of even a minor earthquake the building could collapse. I am seriously concerned especially in light of the recent events in Christchurch, Do I have grounds to terminate my lease early due to the fact that the building does not meet earthquake safety standards?
Our expert Diane Nelson responded:
I would suggest that an application to the Tenancy Tribunal be made requesting release from your fixed-term tenancy as this is your only recourse – then the Tribunal can rule on the outcome.Diane Nelson has over 14 years experience as a property manager in the Northland region. She now owns the REAL Landlord Insurance NZ Ltd brokerage and for over six years has specialised in the Landlord Preferred Policy,for investment owners who have their properties professionally managed. Diane also runs property management consultancy business Passionate about Property Management.