Right of light insurance - Revision history

Designing Buildings at 11:31, 3 January 2021

2021-01-03T11:31:54Z

← Older revision		Revision as of 11:31, 3 January 2021
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−
	Insurance policies are available to protect developers from the risk of possible future claims resulting from infringements of rights of light.		Insurance policies are available to protect developers from the risk of possible future claims resulting from infringements of rights of light.

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	Typically, insurance will cover:		Typically, insurance will cover:
−	*Legal costs involved in addressing claims.
−	*Compensation settlements.
−	*Abortive design and construction costs.
−	*Loss in land value in the event the developer's project is permanently halted or curtailed by the court.

−	This article was written by --[[User:Right_of_Light_Consulting\|~~User:~~Right_of_Light_Consulting]]	+	* Legal costs involved in addressing claims.
		+	* Compensation settlements.
		+	* Abortive design and construction costs.
		+	* Loss in land value in the event the developer's project is permanently halted or curtailed by the court.
		+
		+	This article was written by --[[User:Right_of_Light_Consulting\|Right_of_Light_Consulting]]

	= Find out more =		= Find out more =

−	~~'''~~Related articles on Designing Buildings Wiki ~~'''~~	+	Related articles on Designing Buildings Wiki
−	*Light obstruction notice.	+
−	*Light pollution.	+	* Light obstruction notice.
−	*Rights to light.	+	* Light pollution.
−	*Right of light surveyor.	+	* Rights to light.
		+	* Right of light surveyor.
		+
		+	External references

−	~~'''External references'''~~	+	* [http://www.right-of-light.co.uk Right of Light Consulting].
−	*[http://www.right-of-light.co.uk Right of Light Consulting].	+

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

Right of Light Consulting at 16:36, 3 November 2015

2015-11-03T16:36:20Z

← Older revision		Revision as of 16:36, 3 November 2015
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	*Loss in land value in the event the developer's project is permanently halted or curtailed by the court.		*Loss in land value in the event the developer's project is permanently halted or curtailed by the court.

−	This article was written by ~~Right of Light Consulting.~~	+	This article was written by --[[User:Right_of_Light_Consulting\|User:Right_of_Light_Consulting]]

	= Find out more =		= Find out more =

Right of Light Consulting at 16:13, 3 November 2015

2015-11-03T16:13:55Z

← Older revision		Revision as of 16:13, 3 November 2015
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	*Abortive design and construction costs.		*Abortive design and construction costs.
	*Loss in land value in the event the developer's project is permanently halted or curtailed by the court.		*Loss in land value in the event the developer's project is permanently halted or curtailed by the court.
		+
		+	This article was written by Right of Light Consulting.
		+
		+	= Find out more =
		+
		+	'''Related articles on Designing Buildings Wiki '''
		+	*Light obstruction notice.
		+	*Light pollution.
		+	*Rights to light.
		+	*Right of light surveyor.
		+
		+	'''External references'''
		+	*[http://www.right-of-light.co.uk Right of Light Consulting].

	[[Category:Property_law]]		[[Category:Property_law]]

Right of Light Consulting at 16:07, 3 November 2015

2015-11-03T16:07:31Z

← Older revision		Revision as of 16:07, 3 November 2015
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	Insurance policies are available to protect developers from the risk of possible future claims resulting from infringements of rights of light.		Insurance policies are available to protect developers from the risk of possible future claims resulting from infringements of rights of light.

−	Cases such as ~~[http://www.right-of-light.co.uk/factsheet5.php~~ HKRUK II v Heaney (2010)] have highlighted the legal system's increased willingness to award an injunction against the developer rather than simply awarding compensation to the injured parties. The costs of compensation/damages can be significant; sometimes being based on up to 30% or more of the developer's profit. The consequences of an injunction will in most cases be even more costly than a damages claim – particularly if it involves demolition of part of a completed building.	+	Cases such as HKRUK II v Heaney (2010) have highlighted the legal system's increased willingness to award an injunction against the developer rather than simply awarding compensation to the injured parties. The costs of compensation/damages can be significant; sometimes being based on up to 30% or more of the developer's profit. The consequences of an injunction will in most cases be even more costly than a damages claim – particularly if it involves demolition of part of a completed building.

	In order to allow a development to proceed, a developer can take out an insurance policy to protect themselves from a range of potential costs. The extent of cover will vary from insurer to insurer.		In order to allow a development to proceed, a developer can take out an insurance policy to protect themselves from a range of potential costs. The extent of cover will vary from insurer to insurer.

−	~~'''~~Typically, insurance will cover:~~'''~~	+	Typically, insurance will cover:
−	*Legal costs involved in addressing claims	+	*Legal costs involved in addressing claims.
−	*Compensation settlements	+	*Compensation settlements.
−	*Abortive design and construction costs	+	*Abortive design and construction costs.
	*Loss in land value in the event the developer's project is permanently halted or curtailed by the court.		*Loss in land value in the event the developer's project is permanently halted or curtailed by the court.

	[[Category:Property_law]]		[[Category:Property_law]]

Right of Light Consulting: Created page with " Insurance policies are available to protect developers from the risk of possible future claims resulting from infringements of rights of light. Cases such as [http://www.right-..."

2015-11-03T16:06:47Z

Created page with " Insurance policies are available to protect developers from the risk of possible future claims resulting from infringements of rights of light. Cases such as [http://www.right-..."

New page

Insurance policies are available to protect developers from the risk of possible future claims resulting from infringements of rights of light.

Cases such as [http://www.right-of-light.co.uk/factsheet5.php HKRUK II v Heaney (2010)] have highlighted the legal system's increased willingness to award an injunction against the developer rather than simply awarding compensation to the injured parties. The costs of compensation/damages can be significant; sometimes being based on up to 30% or more of the developer's profit. The consequences of an injunction will in most cases be even more costly than a damages claim – particularly if it involves demolition of part of a completed building.

In order to allow a development to proceed, a developer can take out an insurance policy to protect themselves from a range of potential costs. The extent of cover will vary from insurer to insurer.

'''Typically, insurance will cover:'''
*Legal costs involved in addressing claims
*Compensation settlements
*Abortive design and construction costs
*Loss in land value in the event the developer's project is permanently halted or curtailed by the court.

[[Category:Property_law]]