Update on the Strata Building Bond and Inspections Scheme which commenced on 1 January 2018
The New Strata Building Bond and Inspection Scheme commenced on 1 January 2018. The Scheme applies to Construction Contracts signed or where there is no contract and building work commences from 1 January 2018. NSW Fair Trading will not require Developers of new strata schemes to lodge defect bonds prior to 31 December 2017. The […]