After deciding on a builder and accepting the quote, the next step in the process is to sign your contract. The use of contracts do vary state to state, so for our discussion today, we will be speaking strictly Queensland, as it is the state we are based.
All works to be carried out over a value of $3,300.00 must be done so by a licenced builder, with a contract in place. A contract is a formal written agreement between builder and client that provides the rules and conditions for the project. It is essential that you understand all the conditions outlined in your contract.
Good builders will provide you a draft contract to peruse for some time before asking you to sign your official contract. This will give you some time to become comfortable with the language used and ask any questions you may have. It is important to take the time to thoroughly read through the document and ask any questions whilst you can. Government bodies such as the QBCC or trade associations such as the HIA and Master Builders, have question and answer segments on their websites to assist you to understand if necessary.
There are 5 different contracts to be used for their own unique circumstances, for example, New Homes, Renovations and Extensions, Small Building Contracts, Demolition Contracts and Natural Disaster Repairs Contracts. Your builder will select the contract appropriate to your job.
There is a handy list of what essential points your contract must include on the QBCC website, found here.
Once you and your builder have signed your contract you will be given a copy of the signed contract, all before your works are due to begin. I cannot put enough emphasis on how important it is that you understand your contract prior to signing. Like any other legal document, it is binding for both you and your builder. A good builder will encourage you to ask as many questions as necessary for you to become comfortable. If you are unsure, you should seek legal advice.
If you have any questions regarding a contract, feel free to contact us via the contact button and we will see what we can do to help.