I've been trying to establish what the building warranty is in Vic in relation to newly built houses. I know that most builders say there is a 7 year builders warranty but I was recently directed the 'Domestic Building Contracts Act 1995' which states the following;
S. 9: Section 134 of the Building Act 1993 imposes a 10 year limit on
the bringing of building actions. It will apply to actions brought under section
9. The 10 years begins to run from the date the occupancy permit is issued.
If no occupancy permit is issued, the 10 years runs from the date the
certificate of final inspection is issued.
Is anyone able to verify if this means that there is a 10yr period whereby issues with the construction can be raised?
http://www.legislation.vic.gov.au/domin ... 91a061.pdf