Powered by MOMENTUM MEDIA
realestatebusiness logo
Subscribe to our newsletter SIGN UP

New asbestos guidelines set for ACT real estate sector

31 July 2014 Staff Reporter

The ACT’s Office of Regulatory Services (ORS) has released a new set of guidelines relating to asbestos and the territory’s real estate sector.

The factsheet aims to provide agents, landlords and homeowners with an improved understanding of obligations surrounding asbestos management.

“Over the last few months the ORS has been assisting the real estate sector with issues such as loose-fill asbestos insulation in residential properties,” said Brett Phillips, ORS’s executive director.

“We have developed guidance material on this topic and also attended the Real Estate Institute of the ACT’s recent forum to provide information and advice.”

Australia is said to have one of the highest rates of asbestos-related disease in the world, with approximately 600 cases of mesothelioma – asbestos-related lung cancer – reported each year.

From 1945 to 1980 asbestos was a staple in a number of building products in Australia including fibro, insulation, fireproofing, paint, tiles and roofing materials, and is easily disturbed during construction or renovations.

What many agents and property managers may not realise is they have a number of legal obligations surrounding tenants’ exposure to asbestos.

The ORS agrees asbestos is a complex issue and its new guidelines are aimed at helping those in the real estate industry to better understand it.

Due to the age of many of the homes in the Canberra region and their propensity to contain asbestos, the ORS says its new guidelines are doubly important.

 

New asbestos guidelines set for ACT real estate sector
lawyersweekly logo
FROM THE WEB
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast

Network or independent?

Independent
Network, the bigger the better
Network, but midsized
Niche group, small and agile
Do you have an industry update?
REAL ESTATE BUSINESS NEWSLETTER
Ensure you never miss an issue of the Real Estate Business Bulletin. Enter your email to receive the latest real estate advice and tools to help you sell.