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.
Bruce Spenser MSc MCIOB, Party Wall Surveyor London | Building Surveyor London | Third Surveyor | Party Wall Surveyor Ramsgate, Broadstairs, Margate and Thanet
London, Ramsgate, Broadstairs, Margate, Thanet
12 Forburg Road, Stoke Newington, London N16 6HS