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Category: Home Owners

Alert – Home Building Act Changes to Residential Building Contracts – Effective from 1 March 2015

Building Defects, Construction, Contracts

Posted 02 March 2015

In a Nutshell As a result of changes to the Home Building Act 1989 (NSW) (“the Act”) residential building work contracts entered into from 1 March 2015 must be compliant with new requirements i…

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Home Warranty Insurance – Why is it such a mess?

Home Owners Warranty

Posted 11 February 2015

Home warranty insurance remains one of the most complex liability products on the market to deal with due to the constant interplay with legislative reform, some of which is retrospective and some of …

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Building Defects – Owner-Builder Work

Building Defects, Construction, Residential Building Works

Posted 18 November 2014

In a Nutshell Owner-builder work is presumed to have been completed within 18 months after an owner-builder permit is issued, or earlier if an occupation certificate is issued within that period. …

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Making Completion Pay

Contracts

Posted 06 August 2014

It was the golfer Bobby Locke who coined the phrase “You drive for show, but putt for dough.” Like professional golfers, successful builders know how to finish. However, to reap the benefits of fi…

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When the Home Warranty Insurers come knocking

Home Owners Warranty, Residential Building Works

Posted 06 March 2014

Home warranty insurers in NSW have paid out over $400 million since 2002. Premiums would have been only a fraction of that. It is a small wonder that private insurers want out, and that for the forese…

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Variations to Contract Works

Contracts

Posted 24 February 2014

Often, during the course of construction work, circumstances arise which call for a change to the design, the scope of work, or the materials which the parties to the construction contract originally …

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Incomplete Works – 20% or 40% Insurance Payout?

Home Owners Warranty

Posted 05 December 2012

Due to tough economic times for the construction industry, the number of home owners warranty insurance claims for incomplete works has dramatically increased. The amendment to the Home Building Re…

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Submission on the Home Building Act Issue Paper

Construction, Residential Building Works

Posted 03 September 2012

Introduction This is a submission from Bannermans Lawyers addressing the questions posed throughout the issues paper using the numbering of those questions for convenience.…

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