You’ve got the land already, and you have a home building company that you think you’ll use.
So now you’re getting down to the pointy end where you have to get your head around a draft contract, and decide whether you’re happy to sign on the dotted line and commit to spending hundreds-of-thousands of dollars.
We regularly help people to review home building contracts, and identify terms that need to be changed (or deleted!) to better protect their interests.
Obvious areas of concern include whether you really have certainty of price (so-called fixed price contracts often aren’t really fixed price), the quality of finish that you are entitled to expect, and who bears the responsibility (and cost) of problems that may arise along the way.
We also try to look out for you in terms of the timeframes for you to carry-out your obligations under the contract. Often failure to meet the timeframes can have serious consequences for you (like paying significant amounts of money you don’t believe you should have to), but the timeframes are so short it is very difficult for a consumer to do the things they need to do to in the time allowed.
Depending on how it goes, you may never fully notice the effect of what we do – you don’t notice the problems that you avoid. The point is that spending a little time and money now, can save you a lot of time and money in the future.
If you require any advice or further information on the matters dealt with in this publication please contact the lawyer at Farry Law who normally advises you, or alternatively contact:
Wallace Revell
09 353 6672
The information contained in this publication is intended as a guide only. It does not constitute legal advice and should not be relied upon as such. Professional advice should be sought before applying any of the information to particular circumstances. While every reasonable care has been taken in the preparation of this publication, Farry Law does not accept liability for any errors it may contain.