Designing Buildings at 07:08, 2 February 2021

2021-02-02T07:08:18Z

← Older revision		Revision as of 07:08, 2 February 2021
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	--[[User:Rex_Cowell_Solicitors\|Rex Cowell Solicitors]]		--[[User:Rex_Cowell_Solicitors\|Rex Cowell Solicitors]]

−	~~= Find out more =~~	+	= Related articles on Designing Buildings Wiki =
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−	=== Related articles on Designing Buildings Wiki ===	+

	* Building Users' Insurance Against Latent Defects		* Building Users' Insurance Against Latent Defects
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	* Legal indemnity insurance.		* Legal indemnity insurance.

−	[[Category:~~Case_law~~]] [[Category:~~DCN_Case_Law~~]] [[Category:Property_law]]	+	[[Category:DCN_Case_Law]] [[Category:DCN_Commentary]] [[Category:DCN_Guidance]] [[Category:Case_law]] [[Category:Property_law]]

Editor: Created page with "Commercial landlords usually bear the burden of arranging building insurance and any failure to do so can expose all concerned to the risk of catastrophic loss. In the case of M..."

2017-07-20T11:43:23Z

Created page with "Commercial landlords usually bear the burden of arranging building insurance and any failure to do so can expose all concerned to the risk of catastrophic loss. In the case of M..."

New page

Commercial landlords usually bear the burden of arranging building insurance and any failure to do so can expose all concerned to the risk of catastrophic loss.

In the case of Monopro Limited v Central Hall Developments Limited, a landlord who failed in that duty received a stiff fine for breaching a High Court order.

The corporate landlord of a large Victorian civic building had covenanted with its tenants that it would arrange comprehensive building insurance. As expiry of the policy then in place approached, however, the insurer had required a large number of safety improvements to be made to the premises before it would be renewed.

The landlord failed to arrange fresh insurance and, after the policy came to an end, the tenant of part of the premises had no choice but to arrange alternative cover at its own expense. The tenant launched proceedings and the landlord gave a formal undertaking to the Court that it would meet its obligations under the lease and ensure that the required insurance cover was in place by a particular date.

That deadline was missed by more than two months, and the tenant issued contempt proceedings. The landlord agreed cover with insurers shortly before the hearing of the case and apologised after admitting that it had breached the undertakings.

After the Court inquired into the extent of their resources, the landlord and its sole director were each fined £3,750. The director was warned that, in default of payment, he would serve six weeks’ imprisonment.

--[[User:Rex_Cowell_Solicitors|Rex Cowell Solicitors]]

= Find out more =

=== Related articles on Designing Buildings Wiki ===

* Building Users' Insurance Against Latent Defects
* Insurance for building design and construction
* Latent defects insurance.
* Legal indemnity insurance.

[[Category:Case_law]] [[Category:DCN_Case_Law]] [[Category:Property_law]]

Commercial landlord and building insurance - Revision history

Designing Buildings at 07:08, 2 February 2021

Editor: Created page with "Commercial landlords usually bear the burden of arranging building insurance and any failure to do so can expose all concerned to the risk of catastrophic loss. In the case of M..."