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Freshie
6 Posts
Freshie
6 Posts
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Freshie

Joined 14 May 2019
Junior Member
3 months3 monthsFreshieFreshie posted:
Security Deposit Clause 7.1 HIA Contract (NSW)

Thanks again, this has been very helpful. I will check reference to "lending body" as we should be able to establish new loan account quickly.

3 months3 monthsFreshieFreshie posted:
Security Deposit Clause 7.1 HIA Contract (NSW)

Thanks and yes, I have submitted enquiry to a lawyer this evening. We would be happy to issue a bank loan for the balance to the builder instead, it…

3 months3 monthsFreshieFreshie posted:
Security Deposit Clause 7.1 HIA Contract (NSW)

Thanks for your advice. I will query SajaeD

3 months3 monthsFreshieFreshie posted:
Security Deposit Clause 7.1 HIA Contract (NSW)

Yep, we've paid over $5k on expert reports including ATFA (wood floor) report, Building Defects Report and infrared waterproofing diagnostic - all provided to the Builder but he seems to…

3 months3 monthsFreshieFreshie posted:
Security Deposit Clause 7.1 HIA Contract (NSW)

Waterproofing problems (needs large area of external stone paving removed and replaced), internal wood floor exploded due to water ingress (needs 10sqm section replaced and whole floor resurfaced), garage concrete…

3 months3 monthsFreshieFreshie posted:
Security Deposit Clause 7.1 HIA Contract (NSW)

Our builder has issued formal Notice under Clause 7.1 of the NSW HIA Residential Building Contract, which requires us to establish a joint names/joint signatory security account for the balance…

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