Selling a property you have owner built?
An Owner Builder Warranty Inspection provides your future buyer with peace of mind that the construction is sound. It is also important for insurers as the information contained is required to issue a policy for the benefit of the purchaser. This report is mandatory in NSW!
Do I need owner builder warranty inspection?
Whilst in some state of Australia an owner builder warranty inspection is sugested for NSW it is mandatory! Without it, your contract of sale could be cancelled.
How long does the warranty last?
The period of warranty is for 6 years from the issuing of the certificate of occupancy or certificate of final completion. For example, if the property is sold 2 years after certificates were issued, warranty insurance would be required for the remaining 4 years.