Consumer Building Guide NSW – Paying a Deposit
Under NSW home building law, there is a maximum deposit that you can be asked to pay:
• If the contract price is $20,000 or less, you cannot be asked to pay over 10% of the contract price as a deposit.
• If the contract price is more than $20,000, you cannot be asked to pay over 5% of the contract price as a deposit.
If the work is required to be covered by home warranty insurance (which means the value of the work including labour and materials exceeds $20,000) it is illegal for the contractor to ask for a deposit or other payment under the contract unless a home warranty insurance policy has been taken out, and a certificate of the insurance is given to you.
Note: The loss of any deposit paid by a homeowner that exceeds the legal limit will not be covered by the home warranty insurance policy for the project.
Reference- NSW Fair Trading viewed 15/2/12, image source google
Como Building P/L, Michael Como provides in SYDNEY, an NSW Building Regulations Consultancy service that comprises, Interpretation of NSW legislation relevant to the construction of Class 1 and 10; Issuing: Complying Development Certificates (CDC), Construction Certificates (CC) [after a local council has approved a development], Occupation certificates (OC), Compliance Certificates, NCC Building Code Australia Reports. Engagement for the certification work is on a contract basis.
Also, a pre-purchase property inspection or building inspection by Michael Como may empower you with knowledge about the condition of a property currently or before you buy it and help you avoid future problems and unexpected costs. However, this service can only be conducted if the insurer is on-side, and currently, they are not and as a result, we do not conduct it.
Michael Como is Your Custom Home Builder in Sydney with over 46 years of construction experience, a Master Craftsman sharing innovative Restoration/renovation Ideas. Licensed since 1988. At this stage, I will only carry out building work at a contracted agreed hourly rate.
Let your imagination soar as you enjoy Building Green Homes or Straw houses or Hemp Homes or Heritage Style Restoration or Bathroom renovations or UHR or Digital twin or Sealing…. Etc.
Paste the following URLs in your search engine:
https://privateBuildingCertifiersSydney.com/
como-private-building-certifiers
Good article. I’m facing a few of these issues as well..
71,000 plus comments friends > Thanks a million 4 your support >
Keep on surfing my 392 blogs friend! >
Life experience comes into play here in AUSTRALIA and I post my blogs >
There’s a lot of enthusiastic readers> There’s a lot people claiming they benefit from my writing>
MC http://como-private-building-certifiers.business.site/
71,000 plus comments friends > Thanks a million 4 your support >
Keep on surfing my 392 blogs friend! >
Life experience comes into play here in AUSTRALIA and I post my blogs >
There’s a lot of enthusiastic readers> There’s a lot people claiming they benefit from my writing>
MC http://como-private-building-certifiers.business.site/
That is a really good tip particularly to those fresh
to the blogosphere. Short but very accurate information…
Appreciate your sharing this one. A must read article!
72,000 plus comments friends > Thanks a million 4 your support >
Keep on surfing my 392 blogs friend! >
Life experience comes into play here in AUSTRALIA and I post my blogs >
There’s a lot of enthusiastic readers> There’s a lot people claiming they benefit from my writing>
MC http://como-private-building-certifiers.business.site/
fantastic submit, very informative. I’m wondering why the other experts of this
sector do not realize this. You should continue your writing.
I’m confident, you’ve a huge readers’ base already!
72,000 plus comments friends > Thanks a million 4 your support >
Keep on surfing my 392 blogs friend! >
Life experience comes into play here in AUSTRALIA and I post my blogs >
There’s a lot of enthusiastic readers> There’s a lot people claiming they benefit from my writing>
MC http://como-private-building-certifiers.business.site/
Hi there! This is kind of off topic but I need some help from an established blog.
Is it very difficult to set up your own blog? I’m not very techincal but I can figure
things out pretty quick. I’m thinking about setting up
my own but I’m not sure where to start. Do you have any ideas or suggestions?
Cheers
Attractive section of content. I just stumbled upon your
web site and in accession capital to assert that I get actually enjoyed account your blog posts.
Anyway I’ll be subscribing to your augment and
even I achievement you access consistently quickly.
I’m really loving the theme/design of your site.
Do you ever run into any internet browser compatibility problems?
A number of my blog audience have complained about my website not operating correctly in Explorer
but looks great in Safari. Do you have any ideas to help fix this issue?
73,000 plus comments guys > Thanks heaps mate 4 your support >
I engaged website professionals that I know personally on 2 occasions to:
Give birth to the site in late 2009 and modernise/update/freshen/’’mobilise’’ up the site in 2017 >
Life experience comes into play and I post my 392 blogs > There’s a lot people claiming they benefit from my writing> There’s a lot of enthusiastic readers> Keep on surfing my blog friend! > >
MC http://como-private-building-certifiers.business.site/
73,000 plus comments friends > Thanks a million 4 your support >
Keep on surfing my 392 blogs friend! >
Life experience comes into play here in AUSTRALIA and I post my blogs >
There’s a lot of enthusiastic readers> There’s a lot people claiming they benefit from my writing>
MC http://como-private-building-certifiers.business.site/
73,000 plus comments guys > Thanks heaps mate 4 your support >
I engaged website professionals that I know personally on 2 occasions to:
Give birth to the site in late 2009 and modernise/update/freshen/’’mobilise’’ up the site in 2017 >
Life experience comes into play and I post my 392 blogs > There’s a lot people claiming they benefit from my writing> There’s a lot of enthusiastic readers> Keep on surfing my blog friend! > >
MC http://como-private-building-certifiers.business.site/
Wonderful beat ! I would like to apprentice while you amend your web site, how
could i subscribe for a blog web site? The account helped me a appropriate deal.
I were tiny bit acquainted of this your broadcast provided vibrant clear concept
74,000 plus comments guys > Thanks heaps mate 4 your support >
I engaged website professionals that I know personally on 2 occasions to:
Give birth to the site in late 2009 and modernise/update/freshen/’’mobilise’’ up the site in 2017 >
Life experience comes into play and I post my 392 blogs > There’s a lot people claiming they benefit from my writing> There’s a lot of enthusiastic readers> Keep on surfing my blog friend! > >
MC http://como-private-building-certifiers.business.site/
If some one desires to be updated with most up-to-date technologies afterward
he must be go to see this web site and be up to date every day.
75,000 plus comments friends > Thanks a million 4 your support >
Keep on surfing my 392 blogs friend! >
Life experience comes into play here in AUSTRALIA and I post my blogs >
There’s a lot of enthusiastic readers> There’s a lot people claiming they benefit from my writing>
MC http://como-private-building-certifiers.business.site/
Peculiar article, exactly what I was looking for.
76,000 plus comments friends > Thanks a million 4 your support >
Keep on surfing my 392 blogs friend! >
Life experience comes into play here in AUSTRALIA and I post my blogs >
There’s a lot of enthusiastic readers> There’s a lot people claiming they benefit from my writing>
MC http://como-private-building-certifiers.business.site/
Hello! Do you use Twitter? I’d llike to folkow you if
thaat would be okay. I’m definitely enjoying your blokg and look forward too neww articles.
88,000 plus comments friends > Thanks a million 4 your support >
Keep on surfing my 393 blogs friend! > have a great 2020>
Life experience comes into play here in AUSTRALIA and I post my blogs >
There’s a lot of enthusiastic readers> There’s a lot people claiming they benefit from my writing>
COMO 2010-2020 http://como-private-building-certifiers.business.site/
Donations are kindly accepted via PayPal to askmichaelcomo@gmail.com by eft or credit card, thanks heaps, ahead of time for your support > 102,000 plus comments friends >
2020 a year like no other, we live in a weird time for the world, Stay Safe >
The thing is I’ve actually done the work with my own hands here in AUSTRALIA >
There are some 32/ [393] Heritage Style Restoration blog articles to tickle your fancy >
There’s a lot people claiming they benefit from my writing>
There’s a lot of enthusiastic readers> Keep on surfing my blog friend! >>
COMO 2010-2020 http://como-private-building-certifiers.business.site/