Sentences with phrase «latent damages»

«If the Lender relies on the Latent Damages Act with its long stop provision of 15 years from the date of the advance, insurers are going to argue that the 3 year period for date of knowledge of a claim starts from when a loan first has a potential problem and not from the date of repossession.

This initial «quick release» payment includes funds to repair future, latent damages.

Richard Susskind compared the current growth partnerships around AI by the big firms with his early work with Professor Phillip Clapper in seeking a guided pathway approach to dealing with issues relating to latent damage.

Section 14A is concerned with the problem of latent damage in the tort of negligence where the claimant's acquisition of knowledge that it has suffered damage is for some reason delayed (cf LA 1980, s 32, which makes special provision in relation to fraud, deliberate concealment and mistake).

Back before he became a futurist management consultant, Richard Susskind expanded his D. Phil thesis into a book called Expert Systems and the Law, in which he analyzed the logical structure of the rules in a single area, latent damage, where a statute, the Latent Damage Act had codified the rules.

How is the latent damage stored and what processes are set into motion that link early life stress to health disorders in the later years?

As the prospective buyer, another prerequisite you could include is a brief time frame, before signing the deed of sale, in which you can inspect the property for any latent damage, termites or borer beetles, safety concerns and the like.

Not exact matches

I wonder whether most (or at least many) people have a latent capacity for narcissism to some degree (some more than others), and whether being placed into a position of great influence can actuate this capacity and then cause it to swell to damaging proportions.

«We often deal with people whose fingers have been damaged in some way, or who are attempting to hide their fingerprints,» says Glenn Langenburg, a certified latent print examiner at the Minnesota Bureau of Criminal Apprehension.

And even if it doesn't cause an immediate reaction, there remains the question of latent, hidden damage.

It damages cellular DNA and worse, it can cause death by activating latent viral infections (thought to be carried by nearly all phytoplankton).

The First Circuit panel, which included retired Supreme Court Justice David H. Souter, agreed with our client's position that the latent defect exception to the manufacturing defect exclusion was not ambiguous and the damage to the yacht did not fall within that exception, and directed the district court to enter judgment in favor of our client.

Purchasers who purchase a property where the seller failed to disclose a known latent defect may be able to seek damages from the seller or their agent for failing to disclose the latent defect, and purchasers should seek prompt legal advice regarding their rights and available remedies.

And ordinarily, if a vendor actively conceals a latent defect, the rule of caveat emptor no longer applies and the purchaser is entitled, at their option, to ask for a rescission of the contract or compensation for damages.»

As a result, professional sellers in Quebec are exposed to being liable for all damages recoverable at law and suffered by buyer as a result of a latent defect — which could include, to the extent there is sufficient causal nexus, lost - profit like damages.

Article 1728 C.c.Q. complements Article 1733 C.c.Q. by stating that «if the seller was aware or could not have been unaware of the latent defect, [it] is bound not only to restore the price, but to pay all damages suffered by the buyer».

Subsequently the purchaser sued the vendor for damages of about $ 200,000 for breach of contract (the sale), latent defects and negligent misrepresentation.

Common examples of material latent defects could include the fact that the basement leaks when it rains, structural damage to the property, failure of the building's envelope (water ingress), underground storage tanks located on the property, problems with the potability / quantity of drinking water and any un-remediated damage caused by the illegal use of the property, e.g. marijuana grow operation.

May provide repair cost estimates for any damage or latent issues that may influence the home purchase price negotiations.