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Key changes to domestic building contracts explained
Domestic building contracts will need to be updated to reflect new changes initiated by DBCA. Whist the changes won’t go into effect until December 2026, it is crucial you’re across these new developments.
The changes include how “developer” is defined, how builders and developers contract to built multiple homes, the exclusion of several preliminary services from the definition of building work and a new approach to deposit limits and progress payment clauses.
In this detailed resource, we outline all the significant changes and how they will affect you and your projects. Stay ahead of the new regulations and ensure you have all the information before the changes are initiated.
Access this resource now
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Who is it for?
Building Professionals
Residential building industry professionals in Victoria.
What does it include?
- What are the changes?
- Builders, developers and multi-unit projects
- Who is a developer?
- How will contracts with developers be affected?
- Preliminary services
- Cost escalation clauses
- Limits on deposits
- Limits on progress payments
- Rights when contract not signed
- Contract variations process
- Ending the contract due to delays or price increases
- Do you need to update your contracts now?