Termite Warranty and regular inspection

Hi, a property that I own has a termite barrier installed and has a warranty of 50 years on it. I had an inspection on it last month and that was all good which according to the inspection company makes me eligible for that warranty. However I need to get regular inspections which is every 12 months.

Is that something I need to do to keep my warranty if it is worth it? I have not seen anyone doing annual termite inspections. What do the people on the forum think?

 

I had a termite barrier around my home for about 10 years and yearly inspections, when the house was put up for sale earlier this year it was found to be extensively damaged from termites and cost me over $20,000 to repair.

What do I think about termite barriers and pest inspections?

 

Could you not claim for it from the installation company?

 

The company who installed the barrier also carried out the yearly inspections, they claimed it was old damage that had gradually got worse over the years - as I had already bought a house and had a buyer who knew about the damage [gave him the invoice from builder who did the repairs] and was prepared to go ahead with the sale I decided to move on and accept the loss.

 

If it's already paid for, then why not?
I will be getting annual inspections here. But they're weird little critters - they come a nd go and there are all types. The inspectors sometimes ham it up a bit, I reckon.

 

For timber houses/ flats I get annual inspections- cost ~$260 and get them to do spray for ants/ spiders/ NSW league players at same time.

 

Annual inspections cost $300-400 approx. They are not free

 

50 years!?
What kind of barrier system is this?
I just got one done on one of my IP's - its guaranteed for 8 years. No yearly inspection required.

 

The 50 year one would usually be something like Kordon. Their website says 'lifetime warranty' - but only if failure is through termites 'going through' the barrier.

Is your treatment a reticulated or spray barrier system? And have you read the fine print?

 

Honestly, I haven't read it. The barrier is trithor. Previous owner installed it and never got the termites inspection done hence the warranty lapsed. The property is OK for now but I want to get the warranty back. The inspector says I will get the warranty because property is fine so far.

 

I can see the importance of regular inspections in high risk scenarios.

My theory is that the "Warranty" is effectively worth nothing. Does anyone know of any purchaser ever successfully claiming under this "Warranty"?

 

I had my Brisbane property chemically treated and the pest controllers used Termidor. I signed up to their $2m warranty which, to my understanding, will cover any structural damage caused by termites as long as I have my yearly inspections.