The Home Building Act and Home Building Regulation in New South Wales are due for substantial change this year.
The changes will affect, quite obviously, anyone who is involved in or with the Home Building industry, including people building a new home or renovating an existing home.
The new laws commence on 15 January 2015, except for new provisions regarding home building contracts, which will commence on 1 March 2015.
It is intended the new laws and regulations will benefit all stakeholders by reducing red tape and promoting consumer protection and confidence.
The major changes affect licensing, owner-builders, the home warranty insurance scheme, defects, statutory warranties and home building contracts.
For more information in relation to the new home building laws, see the NSW Government Fair Trading website (www.fairtrading.nsw.gov.au) or contact the experienced solicitors at Burt & Hanke Legal in Albury.