Browse Forums General Discussion 1 Aug 26, 2017 9:47 pm HI, we recently have a deposit with one of builders of $1000 dollars and we still owe him $5000. He has breached the contract so we would like to just finish paying this one billl and were wondering could we get the deposit back and if so how?. If its possible could we just pay him the $4000 instead of paying $5000 and getting the $1000 later. Is this legal? thank you very much Re: Deposit when the builder breaches contract 2Aug 30, 2017 12:12 pm This is confusing, You have paid them $1000 but still owe $5000, and you want you $1000 deposit back but you are thinking about paying them a further $4000 to get back your $1000. Why would you pay them anything more? Ar you trying to cancel the contract because of the breach? You talk about deletions, are they variations or PS and PC adjustments? pleas list them 1 16565 In NSW the maximum deposit for building work is 5% until the builder provides HBCF insurance 1 4825 Hi All, I just wanted to close this topic out with an update. So we ended up agreeing to a number with the insurance company, and after an extensive amount of hand… 8 23403 |