Court ruling spells trouble for investors and rental agents
September 24, 2010 § Leave a comment
A recent NSW court decision will push investors and rental agents to take a closer look at safety in their properties after more than $840,000 was awarded to a tenant injured by broken glass.
Chances are you’ve never heard of the case of Hunt v Roads and Traffic Authority of NSW, but this recent court decision could have a far-reaching consequences for unwary property investors around the country.
The ruling cuts right to the heart of the issue of what “duty of care” an owner and their managing rental agent owes a tenant, their awareness about potential problem areas in rental properties, and the importance of complying with building codes when conducting even routine maintenance.
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