YOUR LAWYER
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Landlords of commercial properties must contend with a myriad of issues, from tenant retention in a competitive market to undertaking ongoing property maintenance. One issue easy to overlook, yet affects both, is seismic risk assessment.
THE RISK
A commercial building's ability to withstand an earthquake and protect against loss of life is measured using the New Building Standard (NBS). A building with a 100 per cent NBS rating is considered to