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Does your contract involve a trust

How to sign and enforce a building contract with a trustee on behalf of a trust. Learn about limited liability, who has authority, how to sign and what to include in the agreement.
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When you sign a residential building contract that involves a trust, there are a unique set of considerations that every builder needs to think about (that aren’t an issue when you’re inking a deal with a company, partnership or individual).

What is a trust? Established by a trust deed, it’s a legal relationship between settlors, trustees, and beneficiaries. You can’t contract with a trust, though – only with the trustee. So, it’s very important to know how a trust works, and what you need in the agreement.

We guide you through the best (and safest) way to sign with a trust via a trustee in this expert-led article. We answer important questions, including: who has the authority to sign? Can a trustee use a trading name? When should I be wary of limited liability? Arm yourself with the correct knowledge, right now. 

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Member price

FREE

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Didn’t find what you were looking for?

Who is it for?

Builders, homeowners, and stakeholders in Australia

How to sign a residential building contract with a trustee and our frequently asked questions.

What does it include?

  • What is a trust and trustee
  • Trustee authority
  • Correct contract terminology
  • Trustee trading names
  • ABN vs. ACN
  • Signing the contract.

Become a HIA member today

Join Australia’s largest residential building association to gain access to a huge range of industry products and business services. We can help you manage, operate and grow your business.