Calls for change after apartment owners hit with $4.6m defect bill

#Callschange #apartmentowners #hit
Insurance is designed to protect landlords if the builder dies or liquidates, but only structures are under three floors. Andrew, who owns a unit in the Western Footscray complex and asked for only the first name to be used, said that he was facing a "15 -year punishment". "My neighbor on the side went bankrupt, it was the first." Andrew said that residents were facing monthly repayments, each slightly below $ 1000 to repay the loan. The builder said that construction of Shangri-La had take the loan to correct building after refusing accept responsibility for all flaws. Residents claim that they are left with leaking houses. "When there is just a crisis, as in Melbourne, then it is when they discovered that they are completely alone."Said. Reece launched a petition to change the law. Premier, while avoiding undertaking to do so, "currently on the standards in the sector, a working program," pointed out. "This legislative framework has a great review and revision," explaining his resignation today.Said. Residents were left with a defect invoice of $ 4.6 million. When government was asked whether Porter Davis has done with its customers, the Western Footscray residents were asked if they will throw a financial life line, "It's not my practice to chat with people who spend a very difficult time through media." When an existing incident warned him against fact that residents went unanswered to him, Premier said that he did not see any letter personally, but he would "look at it when I go back to office today." Residents said they still haven't heard of a premier or office. "The government refused to accept it, they refuse to say that we are disturbing, we will do it right ... They are literally trying to cover their eyes and ears, and they hope that everything is eliminated, Andrew said. Description from Shangri-La Construction In 2019, Shangri-La Construction offered to correct several alleged defects based on an independent building report in Barkley St, West FootScray. Shangri-La believed that the alleged defects have fallen into three categories-the maintenance problems, those who agreed to correct the correction and require further investigation. Instead, the owners have chosen to make legal action against Shangri-La construction. As the liquidation officer stated, Shangri-la sold its concrete assets independently in a valuable market. This did not include business transfer.