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Groundsure ClimateIndex™

Legal professionals can now meet their duty obligations on climate risks with the Groundsure ClimateIndex™ Report. This is the first residential report on current and future climate risks specifically for use by conveyancers and property lawyers for property due diligence.

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Delivering clarity on climate risks in transactions

Australia is on the front line of climate change. In recent years our communities and businesses have weathered a varying degree of environmental extremes, from flooding to bushfires.

Groundsure in partnership with InfoTrack, has launched the Groundsure ClimateIndex™ report in Australia. Available in New South Wales, this is the first residential report on current and future climate risks specifically for use by conveyancers and property lawyers for property due diligence.

Benefits

  • Supports your duty of care in advising your client on climate change risks in the property transaction
  • Combines trusted sources with unique, proprietary data modelling for an unrivalled approach
  • Provides your client with a clear identification of the main physical risks over the next 5 and 30 years
  • Helps identify potential issues with insurance or mortgage availability
  • Additional guidance enables easy explanation to your client

Features

Identifies 3 key physical risks: flooding, bushfires, and coastal erosion

Current, 5-year and 30-year forward risk predictions

3-tier traffic light risk assessment for easy understanding
Hyperlinks to the relevant data pages
Full colour mapping
Next steps guidance specific to each identified risk

Legal Opinion: Do Real Estate Lawyers in NSW Owe Their Clients a Duty of Care to Advise and Warn in Relation to Climate Risk?

Norton Rose Fulbright, the pre-eminent environmental law practice in Australia, have just released a comprehensive legal opinion piece, available exclusively through InfoTrack and Groundsure. Explore this topic by reading the full detailed report from Elizabeth Wild, Partner at Norton Rose Fulbright.

This legal opinion explores climate change risks for New South Wales property transactions, underlining important considerations for conveyancers and property lawyers on their duty of care and responsibility to warn clients.

Given the current atmosphere, now is the time to act and ensure the potential impact on property purchases is a key consideration.
Download Legal Opinion

Resources

Overview

Coastal Erosion

Bushfires

Flooding

FAQs

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