Browse Forums Building A New House Re: Final Payment method 6Apr 24, 2018 12:41 pm Introaim I thought that's how it's done too. However, I asked my builder today, they said they've never seen anyone using cheque (my builder has got quite good and long reputation of more than 50 years in business). They said if we got cheque, we need to deposit this to the bank and wait for it to be clear before we can collect the key. I was a bit shock as all related topics in any forums I've read suggested the way you told me. I'm getting confused right now. The way your builder is doing it makes sense. Bank cheques can be stolen or forged and they are certainly not the same as cash or a cash transfer. However most builders do seem to treat them the same as being cash, as do plenty of other businesses despite the fact that they are definitely not. Building a Kew 28 with Porter Davis Re: Final Payment method 7Apr 24, 2018 2:08 pm Thank you. I wish my builder think and do the same as other. I deposited cheque to their account yesterday early morning and check with them today. They said there is nothing in their account statement so we have to wait until Thursday is we're lucky that cheque is cleared then we can collect the key. It's quite frustrating right now. regardless, your contract stipulates a payments schedule and SOPA doesn't give provision to that scenario. Your contractual terms appear to stand. Hence get a lawyer, it… 4 11868 There is no reason why building contract reconciliation cannot be done prior to handover, if the builder won't do it get someone to do it for you. Why would you pay for… 3 6682 1) I had requested R6 ceiling insualtion batts, however I noticed that on some areas there are huge gaps which will allow hot air to sweep in, and also noticed black/grey… 0 3597 |