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Dodgy developers watch out – the NSW Building Commission has just been boosted from 40 officers to 400. This much needed confidence boost for building
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My new apartment in new build settled mid December 2023. I’m very nervous about future defects, do you know when the new DLI is valid from, and if there is anyway the building residents can influence a builder to take it out retrospectively?
I have heard discussions about purchasers being willing to pay more to purchase a building where the insurance applies. Given the stress associated with off the plan builds, and that we experienced, I would absolutely have felt more comfortable signing that contract with such provisions in place.