As climate change-related weather events such as flooding, bushfires and coastal erosion increase in frequency and severity, it raises the questions: How does this increase the risk associated with a property transaction, and what is your duty of care when advising your client?
In a detailed report Elizabeth Wild, Partner at Norton Rose Fulbright explores the topic “Legal Opinion: Do Real Estate Lawyers in NSW Owe Their Clients a Duty of Care to Advise and Warn in Relation to Climate Risk?”.
This Opinion Piece addresses the likelihood of climate risks increasing over time and warns that lawyers and conveyancers need to be equipped to recognise and advise on these risks and their impact on real property assets.
Hear from Elizabeth Wild, Partner and Sarah Mansfield, Special Counsel Norton Rose to be joined by Dan Montagnani, the CEO of Groundsure, a leading environmental and climate analysis authority expert, and InfoTrack’s Global Head of Property, John Ahern in a joint webinar to discuss the Opinion Piece, the risks and your due diligence.
The webinar will also introduce a new climate analysis report for property lawyers and conveyancers to help support duties and to prepare for any future professional guidance.
Key takeaways:
About Norton Rose Fulbright:
Norton Rose Fulbright is a global law firm, providing a full scope of legal services to the world’s preeminent corporations and financial institutions. We have more than 4,000 lawyers and other legal staff based in over 50 cities across Australia, Asia, Europe, Africa, the Middle East, the United States, Canada, and Latin America.
With more than 500 lawyers across Australia, we are one of Australia’s largest law firms operating on an international level. We’re proud to be one of only a handful of legal practices in Australia that fully covers both environment and planning law, offering one of the largest dedicated environment and planning practices in the country.
About Groundsure:
Groundsure is a leading environmental and climate analysis authority. We take large and complex datasets and turn them into clear and actionable insights for legal and property professionals. This enables their customers to make sustainable and confident decisions.
Enquire about Groundsure ClimateIndex™ Report here.
