Why Do I Need an Owner Builder Report?

• to fulfil their legislated responsibilities (Building Act 1993)in order to sell their property, and/or
• For obtaining warranty insurance if the work performed is over $12,000 in value.

When selling a property an owner builder must obtain a report on any ''domestic building work'' done within a prescribed period of six years from the issuing of the Certificate of Occupancy or Certificate of Final Completion. This report is inserted into the Section 32, Contract of Sale as a way of showing the vendor has completed all obligations in accordance with the Building Act 1993. The purchaser has the option to void a Contract of Sale at any time if the vendor fails to provide a report.

Owner builders must provide warranty insurance for any domestic building work exceeding $12,000. A report must be provided to the insurer before providing warranty insurance. The report identifies any incomplete work or defects in workmanship or materials. The warranty policy then excludes any incomplete work or defects listed in the report. The owner builder remains liable for any defect or incomplete work not listed in the report. It is an offence to sell a property with owner builder work less than six and a half years old without an owner builder report ($10,000 fine).

When completing an owner builder report our inspectors visually check all areas of a property. We provide a completed report in a professional format acceptable to conveyancing firms and insurance providers. We aim to complete the inspection and report within three days of initial contact. Owner Builder Reports Pty. Ltd. offer a fast, efficient and professional service.

Contact Tony on 03 9781 5701 for advice or arrange for an owner builder inspection.

After hours please ring 0438 177 713.