Contract Review

EXPERT ADVICE Before you sign your building contract

The building contract is a very important, legally binding document that requires a complete understanding prior to signing. Investing in a Contract Review is an important step to set your build up to be a success, and will improve your overall building experience.

We will ensure that your contract is in line with industry standards, provide advice on items that require clarification and ensure that you feel confident before you commit to one of the biggest financial contracts of your life. Our Contract Reviews are inclusive of all documentation relevant to your building project i.e. drawings, engineering details and specifications.

After we've reviewed your domestic building contract, you can rest assured that we are here to answer any questions and provide support during your build... that's our commitment to you.

 

TYPICAL Contracts:

  • New Homes Contract
  • Home Improvement Contract
  • Cost Plus Contract
  • Minor Works Contract

 

Why get aN independent contract review?

  • Impartial and independent advice 
  • We will walk you through each section of the contract, explaining the terms and clauses so you have a clear understanding of all the information
  • Ensure that what you have agreed upon with your builder is reflected in the contract with no discrepancies
  • Once the contract is signed any changes can result in costly variations, no matter how small the change is
  • Retain your rights to a cooling-off period: The Domestic Building Contracts Act states that if you appoint “an Australian legal practitioner” to review your documentation, you “cannot withdraw from a contract”. As we are building professionals, the five day cooling-off period still applies
  • Significantly reduce the likelihood of disputes and stress
  • Protect and understand your rights

 

What do we review?

  • Domestic Building Insurance and what it covers
  • Owner responsibilities and builder obligations
  • Overall building costs
  • Ensure progress payment schedules are as per the Domestic Building Contract Act
  • Check estimated amounts for Prime Cost items and Provisional Sums are realistic
  • Length of time for the build
  • Inclusions and Exclusions
  • Variation process and possible hidden charges
  • Architectural floor plans and elevations, engineering, electrical, plumbing drawings and builder specifications
  • Specification clauses that are not compliant with the Building Code of Australia and relevant Australian Standards
  • Outline clauses within the specification that do not meet the VBA's Guide to Standards and Tolerances 2015
  • Dispute, defect and delay processes

Have peace of mind knowing that your contractual documents have been thoroughly reviewed by an expert Manse Group Building Consultant.

 

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