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The Star: August 20, 2020

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Thursday <strong>August</strong> <strong>20</strong> <strong>20</strong><strong>20</strong> <strong>The</strong> <strong>Star</strong> 17<br />

PUBLIC NOTICE<br />

Canterbury on-sold<br />

property repair package<br />

Any Canterbury property owner who believes they may be eligible for the ex-gratia on-sold building<br />

repair payment has less than two months left to lodge an application. <strong>The</strong> deadline has been extended<br />

to 14 October <strong>20</strong><strong>20</strong> to recognise the disruption caused by COVID-19.<br />

<strong>The</strong> on-sold package allows eligible Canterbury property owners to apply for an ex-gratia payment<br />

to repair missed damage and/or failed EQC commissioned building work arising from the Canterbury<br />

earthquake sequence. It is available for a limited time only.<br />

On-sold building repair ex-gratia payments<br />

You may be eligible if the offer you made to purchase your current<br />

home was made after the Canterbury earthquakes (from 4<br />

September <strong>20</strong>10) but on or before 15 <strong>August</strong> <strong>20</strong>19 and the previous<br />

owner lodged a claim with EQC.<br />

You will need to be able to show that:<br />

a) you meet the eligibility criteria; and<br />

b) there is missed earthquake damage or failed EQC repairs<br />

that exceed the EQC insurance cap*.<br />

Assessing the risk of damage<br />

Because missed earthquake damage may exist and can be difficult<br />

to identify, on-sold property owners are encouraged to seek<br />

professional advice to determine whether they should apply. EQC’s<br />

claims information on each property may be publicly available, but<br />

on-sold property owners are warned this information may not be a<br />

comprehensive assessment of the building and should not be relied on<br />

without independent verification. Always seek independent advice.<br />

<strong>The</strong> application process<br />

If you believe that you may be eligible, you have until 14 October<br />

<strong>20</strong><strong>20</strong> to lodge an application describing the damage that you are<br />

claiming for.<br />

Applicants will need to provide documents as soon as possible,<br />

including:<br />

• A copy of your signed sale and purchase agreement<br />

• A deed of assignment for the original EQC claim (where<br />

applicable)<br />

• A description of the damage or building issue that you would<br />

like to claim for<br />

• Any correspondence, or other document, where applicable,<br />

that sets out the final conditions of any sale and purchase and<br />

if those conditions have been met.<br />

Once your eligibility is established, and depending on the complexity<br />

of the repairs, you will have a further five months to provide any<br />

building, engineering and/or geotechnical reports requested by EQC<br />

in order to establish the earthquake damage and options for repair.<br />

<strong>The</strong> repair process<br />

Ex-gratia home repair payments are not an insurance pay-out made<br />

under the EQC Act. <strong>The</strong> application, assessment, and settlement<br />

procedures may differ from those commonly used by private<br />

insurers.<br />

• Property owners are required to spend the ex-gratia payment<br />

to complete the repairs<br />

• Payments on approved applications may be made in tranches<br />

• Documentation, including a signed building contract, council<br />

consent, and/or receipts may be required before payment can<br />

be made.<br />

Applications close 14 October <strong>20</strong><strong>20</strong><br />

<strong>The</strong> final date to apply is 14 October <strong>20</strong><strong>20</strong>. EQC is not able to accept<br />

applications after this date.<br />

How to apply<br />

If you have considered your options and decided to apply, you can<br />

submit an application online at www.eqc.govt.nz/on-solds<br />

You can also contact us by phone on 0800 DAMAGE (326 243)<br />

or email info@eqc.govt.nz<br />

Applications cannot be lodged after 14 October <strong>20</strong><strong>20</strong> and stalled or<br />

inactive applications may be closed after two months. If you have<br />

difficulties obtaining the required documentation to establish eligibility, you<br />

should discuss this with EQC as soon as practicable.<br />

Find out more and apply at www.eqc.govt.nz/on-solds<br />

Phone us on 0800 DAMAGE (326 243) or email info@eqc.govt.nz<br />

*<strong>The</strong> EQC cap for damage is as at the time of the Canterbury earthquakes: $100,000 (+GST)

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