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Earthquake Strengthening Issues - impact on commercial buildings 2020 - Online CPD

NZ $179.00
Publications
CHUNG Richard WYATT Doran
Richard Chung
Partner, PwC Real Estate
Wellington
Doran Wyatt
Partner, Greenwood Roche
Wellington

Package includes:

Online CPD Module  l  Electronic booklet  l  PowerPoint Presentation

Package Fee (incl GST)

  • $149 - NZLS members and Associate members
  • $179 - Non-members

Note: Access to the online files is via your "My CPD" page. If you would like to purchase multiple packages, please contact us here.

Online CPD Module

Presentation time: 90 minutes
1.5
CPD HRS

Earthquake events in the last decade have increased the awareness of seismic-related risks in New Zealand. Changes to legislation and the way in which building earthquake ratings are assessed mean that seismic risks are now a key consideration for all building owners and occupiers. It is increasingly important that practitioners in the area understand the law and can offer practical advice on the issues involved.

This module will help you understand the law and some issues relating to earthquake standards and commercial buildings.

Topics covered will include:

  • An overview of the legislative framework in New Zealand and recent changes
  • Key considerations when advising clients about commercial property decisions - buying, selling or leasing
  • Identify key risks and how best to mitigate/ manage these
  • Potential other emerging factors.

Please contact us if you use a dial up internet connection.

Learning objectives

By completing this module you will gain an:

  • Understanding of the legislative and regulatory requirements as they relate to commercial property ownership and transactions.
  • Appreciation of the challenges and opportunities presented by earthquake risks and requirements.
  • Appreciation of the differing market perspectives and ways to navigate these to find solutions.

Booklet 

Authors: Richard Chung, Doran Wyatt
Published: 29 June 2020
Pages: 48

Introduction

New Zealand is on the Pacific “ring of fire” and straddles a major fault between the Australasian and Pacific tectonic plates. As such, every region of New Zealand is at some risk of earthquakes and over time New Zealand law, building standards and business practices have evolved to reflect and meet the challenges this brings.

In the last decade, earthquake events have increased the awareness of seismic-related risks in New Zealand. Significant changes in that time to legislation and the way in which building earthquake ratings are assessed mean that seismic risk and the attendant legal issues are now a key consideration for all building owners and occupiers. It is increasingly important that practitioners in the area understand the law and can offer practical advice on the issues involved.

This seminar is intended to provide an update on the law and practical issues for practitioners acting for commercial property owners and occupiers. We have assumed that practitioners in this area will have passing familiarity with earthquake-related legislation and case law developments.

The first section of this paper provides an explanation of some key terms and concepts relevant to structural building issues, an overview of the current legislative framework and some observations on the current state of play.

The second section of this paper provides some practical matters for practitioners to be aware of when acting for builders, owners or occupiers of buildings that are affected by earthquake related issues.

PowerPoint Presentation

These are the slides included in the webinar presentation.

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