WHAT IS KITEC PLUMBING?
Kitec Plumbing is a brand of polymer piping that was briefly used between the mid-1990s and mid-2000s to replace the traditional copper pipes used for cold and hot water lines due to its reduced cost and flexibility. In the years since Kitec was first widely used, homeowners and condominium corporations began experiencing problems related to Kitec plumbing bursting and causing water leaks. Home and condominium owners who experienced bursting could expect to pay thousands for repairs, depending on how many water lines and common elements were built using Kitec plumbing. It is important to note that if you buy a home with Kitec plumbing, insurance companies are unlikely to cover the repair cost of replacing Kitec plumbing throughout the premises. Kitec plumbing has become such a liability that condominium corporations have since begun including Kitec plumbing as a material defect on their status certificates. If you are a buyer or seller in a real estate transaction, it is recommended that you conduct a thorough inspection of the property to ensure Kitec plumbing was not used for plumbing purposes at the property. If Kitec plumbing is discovered, you may wish negotiate a reduction of the purchase price with the seller to cover the cost of replacing the piping throughout the premises. Otherwise, you may consider accepting the cost of having to replace Kitec plumbing throughout the property as part of the transaction.
Contact usĀ today if you require legal assistance with a real estate transaction. Our real estate law team has the experience and knowledge to assist you throughout every step of the transaction.
Disclaimer: The information contained in this article is not to be construed as legal advice. The content is drafted and published only for the purpose of providing the public with general information regarding various real estate and business law topics. For legal advice, please contact us.
About the Author:
Shahriar Jahanshahi is the founder and principal lawyer at Jahanshahi Law Firm with a practice focus on representing business star-ups and investors in the province of Ontario. For further information about Shahriar Jahanshahi, click here.