March 29, 2018

Residential area with apartment buildings and a foot path with green plants and grass next to it.

Strata Defects Regime Mandatory Requirements – What You Need to Know

The ‘Strata Defects Regime’ commenced on 1 January 2018. The regime now makes mandatory an interim and final inspection, as well as an interim and final report is to be conducted by an independent building inspector appointed by the developer – and a 2% building bond is payable by the developer in relation to any potential defects.

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