New Zealand Supreme Court Photo: RNZChristchurch owners of "onsolds" - homes with undiscovered earthquake damaged when sold - have been dealt a blow by the Supreme Court today. Today's court ruling could cut off their ability to get the original insurer to pay to fix that damage. It was seen as a test case for hundreds of people left in limbo after finding their newly purchased homes had major previously undiscovered damage. Greater Christchurch Regeneration Minister Megan Woods had previously said the Government was waiting on the outcome of the Xu case before deciding its approach to helping people in this predicament. The Earthquake Commission is blamed by many homeowners for failing to properly assess damage in the first place, leading to homes with major problems being onsold to people.

Source: Otago Daily Times July 03, 2019 01:07 UTC