Dunedin's house buyers are demanding - and being given - much
more information about things such as tidal waves, floods and
landslides than ever before.
The Otago Regional Council has been visiting real estate
agents and conveyancing lawyers since late last year to make
sure they know the risks in their area and how to get that
Chief executive Peter Bodeker said the council was often
accused of ''scaremongering or doomsdaying'' but natural
disasters such as the Christchurch earthquake showed the
benefit of being forewarned.
''It is not to scare existing residents, it is to make them
aware. It is to make future house purchasers aware.''
Council staff had been in contact with most real estate
businesses and branches of the New Zealand Real Estate
Institute as well as conveyancing lawyers.
''I think, once they are aware of these things, they are
duty-bound or legally required to make sure their clients
Real Estate Institute of New Zealand spokeswoman Liz Nidd
said any knowledge was good to have and they were quite
reliant on land information memorandums (Lim) provided by
Dunedin City Council.
''People are becoming more conscious of everything and more
risk-averse than they have ever.
''Disclosure is now incredibly important and we have to make
sure we have as much information as humanly possible and ...
disclose it to the purchasers.''
Lim reports incorporate natural hazard information from the
regional council butit also has an online database.
Mr Bodeker said the information was based on observations,
including floods and landslides, or predictions when it came
to liquefaction, which had not happened in Dunedin's modern