21/10/2014 | Construction
What are the types of liabilities?
- TEN YEAR Liability: Material damage to a building as a result of flaws or defects which have their origins or affect the fundamental work (the structure and foundation system) and which directly compromise the building’s mechanical resistance and stability.
- THREE YEAR Liability: Material damage to a building as a result of flaws or defects in the installations or elements of the construction and which lead to breach of the requisites for habitability (including air tightness).
- ANNUAL Liability: Material damage caused by flaws or defects in the construction which affect elements for the termination or finish of the work.