31Succession to statutory warranties

31 Succession to statutory warranties

(1)  A person who purchases or otherwise acquires a residential building succeeds to the rights, in respect of statutory warranties, of his or her predecessor in title.

(2)  If a person purchases a residential building from a building contractor who has performed residential building work in relation to the residential building, the purchaser is entitled to the benefit of the statutory warranties as if the building contractor had performed the residential building work for the purchaser pursuant to a residential building work contract.

(3)  [Section 31 Subsection (3) amended by No. 12 of 2016, Sched. 3, Applied:01 Jan 2017] A person who purchases or otherwise acquires a residential building in relation to which an owner builder, within the meaning of the Building Act 2016 , performed residential building work is entitled to the benefit of the statutory warranties in relation to the residential building as if the owner builder had performed the residential building work for the person pursuant to a residential building work contract.