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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
[See the full post at: Seller beware! Building Commission supersized]The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers.
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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.
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