Party Wall Thanet Bruce Spenser Msc LCGI

Party Wall Security for Expenses

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 LCGI
Party Wall Surveyor Thanet
Third Surveyor England and Wales