EQC may release repair information to prospective home buyers under planned law changes

The Press reports, planned changes to how the Earthquake Commission (EQC) works could mean the agency will give repair information to those considering buying a home. 

People who have bought a house with faulty repairs are sceptical it will prevent Christchurch's looming problem of "on-sold" houses with earthquake damage, which the Government has acknowledged could be a billion-dollar issue

Law changes are being put in place to increase EQC's liability "cap" from $100,000 to $150,000 plus GST while ceasing cover for contents. The changes, planned for July 2019, will give people longer to make a claim after a disaster, and clarify when EQC can share claim-related information. 

Read the full story here: https://www.stuff.co.nz/business/103292012/eqc-may-release-repair-information-to-prospective-home-buyers-under-planned-law-changes

Simon Darby