Browse Forums General Discussion Re: Cancellation of a signed contract 2Sep 24, 2020 8:55 am Do you mind if I asked why you cancelled? I think you really might need the help of a construction lawyer. If you're in NSW I can put you in touch with one. Just DM me Simeon McGovern Affordable Custom Homes, We design and build to your budget Ashington Homes www.ashingtonhomes.com.au Re: Cancellation of a signed contract 3Sep 24, 2020 12:54 pm Don't mean to hijack the thread but is there any additional fee I may be charged if I don't proceed with the builder after signing the tender. We've found a builder with better standard inclusion and is cheaper. Re: Cancellation of a signed contract 4Sep 24, 2020 2:24 pm The builder is legally able to charge for site investigation services, preparation of drawings & costings for the preparation of the tender and the contract (depending on when you terminate), they can charge for admin services and the actual cost for the contract if its propriety type and actually completed (like a HIA or Master Builders contracts) they are allowed to charge cost and margin. They do have to list what they are charging for. You should be provided a digital & hard copy of the site classification & contour survey as well. We are Expert Consultant's, and we are here to help. Re: Cancellation of a signed contract 5Sep 24, 2020 2:28 pm Bicolxpress, it depends where you are in the process, as all costs incurred by the builder can be charged to the purchaser, if you're going to change you really need to run the numbers and see that you are comparing apples with apples, you then need to consider what the loss of time will cost you, you may be able to press the other builder to offer a better incentive to dumping and running to them! We are Expert Consultant's, and we are here to help. Re: Cancellation of a signed contract 6Sep 24, 2020 2:29 pm Bicolxpress, it depends where you are in the process, as all costs incurred by the builder can be charged to the purchaser, if you're going to change you really need to run the numbers and see that you are comparing apples with apples, you then need to consider what the loss of time will cost you, you may be able to press the other builder to offer a better incentive to dumping and running to them! We are Expert Consultant's, and we are here to help. You talk about deletions, are they variations or PS and PC adjustments? pleas list them 1 16548 It seems very clear to me that your contract states that a security account does NOT need to be established so the answer to the builder is NO. If in doubt find a contract… 1 8505 10 12301 |