Articles

Building Defects and Strata

Posted Jul 04, 2017 Defects Bond to commence on 1 January 2018

The long awaited commencement of the new Strata Building Bond  Scheme which was to start on 1 July 2017 will now commence on 1 January 2018. The Scheme will only apply to contracts signed (or where there is no contract and building work commences) from 1 January 2018. According to NSW Fair Trading the commencement […]

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Posted Feb 22, 2017 When Developers and Strata Managers Don’t Mix
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NEW STRATA REFORM The new Strata Schemes Management Act 2015 (the Act) which came into force on 30 November 2016 creates circumstances under which a strata manager is not entitled to be appointed as the strata managing agent of a scheme until after the end of the period of 10 years commencing on the date […]

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Posted Nov 22, 2016 Private Home Warranty Insurer Announces Entry into the Market
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Hot on the heels of the New South Wales Government announcement on 3 November 2016 that the home warranty insurance scheme in New South Wales will be reformed, a private insurer has announced it will return to the market to offer a home warranty insurance product to builders. At present the NSW government insurer, iCare, […]

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Posted Nov 10, 2016 Builders Licence Refusal Overturned
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Kreisson acted for the Applicant in a recent application to the New South Wales Civil and Administrative Tribunal Occupational Division (NCAT) for a merit review of the decision by New South Wales Fair Trading (Fair Trading) to refuse an application for a contractor’s licence in the category of general building work.* Background The Applicant is […]

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Posted Sep 14, 2016 New Complaints Register and Impact on Building Industry
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In late August 2016, the New South Wales Fair Trading published its first Complaint Register based on data from the month of July 2016. The Register The Complaints Register provides information about businesses that are subject to 10 or more complaints to the NSW Fair Trading in a calendar month and it will continue to […]

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