Trust ordered to pay $600k to buyer of Lower Hutt building after seismic rating drops from 60 to 10% stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.
It has become common for purchasers and leasees of buildings to rely on seismic performance ratings (NBS% ratings) in deciding whether to proceed with a transaction. Unfortunately, NBS%.