Latent Defects: Approaches in Protecting House Buyers’ Right in Malaysia
Fakulti Alam Bina, Universiti Malaya, 50603 Kuala Lumpur
The aim of this research is to identify suitable approaches in order to create awareness of the house buyers on how to prevent economic loss due to latent defects. Semi-structured interviews with fifteen respondents had been conducted. Findings showed that there are three suitable approaches namely Collateral Warranty, Latent Defect Insurance and Contract Act (Rights of Third Parties) that can be applied. However, the applications of these approaches are significantly low or none exist in Malaysia. Steps that should be taken include create awareness among house buyers regarding their rights and expose them to the benefits of the recommended approaches.
© Owned by the authors, published by EDP Sciences, 2014
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