7 common things that are overlooked in home building contracts
To give you peace of mind that everything that needs to be in your building contract is in there..
Here are a few commonly overlooked items to check for:
Site Preparation Costs
Check that all site leveling, vegetation removal, excavation, and grading costs are included
Utility Connections
Checkthat costs for connecting to electricity, water, gas, and sewage are included, as these can sometimes be excluded for new builds.
Permits and Fees
Check if responsibilities for obtaining and paying for building permits, council fees, and any other regulatory costs are clearly accounted for.
Quality Specifications
Check that the details for specific materials, finishes, and brands are listed, as vague terms can lead to misunderstandings about alternatives later.
Inclusions and Exclusions List
Request a detailed list of what is included and excluded in the contract price to avoid surprises later on.
Progress Payment Schedule
Check for a clear payment schedule that outlines when payments are due and what work must be completed before each payment.
Warranty and Insurance Information
Ensure that warranty details and proof of insurance are included, protecting you during and after the build.
Building Contract Reviews for New Home Builds & Renovations
If you want to learn more about whatβs in your Building Contract so you can Sign with Confidence, check out my Building Contract Health Checks.
I support clients to learn about the details of their HIA and Master Builders Home Building contracts from all states in Australia, including Victoria, ACT, Queensland, New South Wales, Tasmania, WA, and the Northern Territory.
My Building Contract reviews are designed for people who want to understand their contract better before they sign.
If you're a person like me who wants to dive into the details, wants education on what makes a good contract, and what to look out for - then you're a great match for a Building Contract Review.
Ultimately, I want you to walk away from our session with confidence to proceed with signing your contract.
We go through any of your questions like how to avoid delays, what to watch out for and how to keep costs within your budget.
Happy building! π
Thanks for reading and catch you on my next post :)
Annelyse