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Party Wall Security for Expenses

Kay v Lawrence – security for expenses – expenses are not compensatory damages whereby the Building Owner must  put an adjoining owner in a position they would have been before the damage occured but a choice to take financial compensation – If the expense is a certainty it can be managed by insurances, and surety bonds or of course by a payment into an escrow account.  However if it is not certain it may not exist.

Party Wall Surveyor serving Thanet and London

Third Surveyor serving England and Wales

Bruce Spenser MSc LCGI
Bruce Spenser MSc LCGI