Buying an older property with asbestos cladding?
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1 | I'm interested in buying an older 1950s art deco style property - the real estate agent says the cladding is fibre cement board with asbestos in it. How concerned should I be about this? or is it fine as long as its in good condition and water tight? Is there a stigma that would inhibit resale, or is this normal for properties in NZ?... timmeh111 - 2021-01-28 19:47:00 |
2 | Well you have thought about it so in the future others will talk about this too, so there is a stigma.You could factor in a price to remove the cladding and replace with something else.Left alone it will probably last another 30 years. msigg - 2021-01-28 21:08:00 |
3 | As it has been disclosed, you should disclose it to any insurer you are getting quotes from; they may impose conditions due to asbestos cladding. Not disclosing something you are aware of prior to purchase could impact cover. Aside from that, I personally wouldn't purchase a house with known asbestos - yes, it's 'fine' if kept contained, but it takes a small amount of water/fire damage for it not to be. rhys12 - 2021-01-28 22:01:00 |
4 | rhys12 wrote:
And yet water mains in most cities in NZ have asbestos in them, go figure. mrcat1 - 2021-01-28 22:51:00 |
5 | This message was deleted. andrew697 - 2021-01-29 06:36:00 |
6 | The old Fibrolite asbestos-reinforced cement board was a good building material and will out-last the replacement containing wood fibre. It is quite okay as long as it is painted to keep the fibres contained. masturbidder - 2021-01-29 09:11:00 |
7 | I don't even think it's illegal to import and use asbestos products in NZ. apollo11 - 2021-01-29 11:25:00 |
8 | apollo11 wrote: Imports and Exports (Asbestos-containing Products) Prohibition Order 2016 Illegal - exemption can be applied for possible if there's no alternative available. sparkychap - 2021-01-29 11:31:00 |
9 | andrew697 wrote:
Do you drink the water out of your tap?? mrcat1 - 2021-01-29 16:22:00 |
10 | mrcat1 wrote: andrewcg53 - 2021-01-30 11:53:00 |
11 | The member deleted this message. andrew697 - 2021-01-30 12:26:00 |