Congratulations to stage 14 and 15 ers on Registration. I exchanged land contract for stage 16. I'm looking to sign a contract to build my house even though my land is not registered yet, but to fix the price. Has anyone done this ? Sign a contract to build a home before your land registered? If you did , were you provided with Home Warranty Insurance certificate when you signed the contract and paid 10% deposit to the builder or were you provided the Home Warranty Insurance later? I appreciate for any advise as my builder say they will not issue Home Warranty Insurance certificate until they lodge development certificate with the council and apparently its a Industry practice. Even though he is asking me to pay 10% deposit.
I look forward for a response.
Hi there!
We bought house and land package 2014 and our land just registered in March. We paid deposit before we got issued the certificate as we weren't ablemto attain it befire. Even though it clearly states that you should get it before paying deposit in the contract we were told that won't be possible. It's just a mattet of trust I guess ;/ huge risk when you build. We are learning that now
Hope that helps!!!