This issue is also discussed here{
Vero Landlord Insurance Claim Rejected - What Can I Do? | LawAnswers.com.au
However, it is a couple of years old. The problem is almost identical.
The owners corporation in this block of units, after a protracted period dealing with Vero and sending a builder bankrupt, finally got Vero to accept a defects liability claim.
The inspections and works uncovered a lot of problems and the cost is now in the millions of dollars.
I currently have a rental loss of about $25000 after the rental tribunal gave the tenant a rental credit and the tenant then left. The rental agent and my insurer's assessor have both provided correspondence saying the property is not habitable in its current condition.
My landlord insurance has declined my loss of rent claim as they see no "occurrence" that triggers my policy. The builders, contracted by the owners corporation, will not answer any questions related to my claim for loss of rent.
I do not have a direct contact with Vero as it is the owners corporation who have authourised the work. The owners corp deny any liability. I have submitted a claim to the owners corp insurer which was rejected, as they consider the unit habitable, that claim is now with the FOS.
Additional -
My tenant, who has now left received a determination from the rental tribunal and received a rental credit of about $5000 (she left as soon as that was exhausted. Immediate it was vacated the builder removed all windows and rear sliding door to bedroom.
The scaffolding for the works to the multi story building is sitting on my courtyard, this was placed there without reference to me. Owners corp says they did not approve, builder says they have the right, Vero and contract co-ordinator will not reply to my questions regarding placement. I consider the whole unit to effectively be a work site.
Major works still need to be done to the balcony, carpets to be replaced, doors and windows to be replaced, bathroom to be completely re-tiled and work will probably not be finished until November 2016 (work started when scaffold was erected in April 2015)
My agent advises they cannot let the unit in its condition. The unit is 5 years old.
I would appreciate any feedback from anyone in a similar situation or who may have experience in this type of matter.
Thanks
Vero Landlord Insurance Claim Rejected - What Can I Do? | LawAnswers.com.au
However, it is a couple of years old. The problem is almost identical.
The owners corporation in this block of units, after a protracted period dealing with Vero and sending a builder bankrupt, finally got Vero to accept a defects liability claim.
The inspections and works uncovered a lot of problems and the cost is now in the millions of dollars.
I currently have a rental loss of about $25000 after the rental tribunal gave the tenant a rental credit and the tenant then left. The rental agent and my insurer's assessor have both provided correspondence saying the property is not habitable in its current condition.
My landlord insurance has declined my loss of rent claim as they see no "occurrence" that triggers my policy. The builders, contracted by the owners corporation, will not answer any questions related to my claim for loss of rent.
I do not have a direct contact with Vero as it is the owners corporation who have authourised the work. The owners corp deny any liability. I have submitted a claim to the owners corp insurer which was rejected, as they consider the unit habitable, that claim is now with the FOS.
Additional -
My tenant, who has now left received a determination from the rental tribunal and received a rental credit of about $5000 (she left as soon as that was exhausted. Immediate it was vacated the builder removed all windows and rear sliding door to bedroom.
The scaffolding for the works to the multi story building is sitting on my courtyard, this was placed there without reference to me. Owners corp says they did not approve, builder says they have the right, Vero and contract co-ordinator will not reply to my questions regarding placement. I consider the whole unit to effectively be a work site.
Major works still need to be done to the balcony, carpets to be replaced, doors and windows to be replaced, bathroom to be completely re-tiled and work will probably not be finished until November 2016 (work started when scaffold was erected in April 2015)
My agent advises they cannot let the unit in its condition. The unit is 5 years old.
I would appreciate any feedback from anyone in a similar situation or who may have experience in this type of matter.
Thanks