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Top tips on avoiding payment disputes with homeowners
Payment disputes are an unfortunate reality in the building sector. The best way to avoid one is to steer clear of projects exhibiting ‘red flags’. But what should you do if you find yourself needing to take action?
This resource offers advice to building practitioners who are owed money under a building contract and what they should consider before commencing legal action. Businesses should understand their rights, responsibilities and risks before enacting legal proceedings.
Businesses are advised to look for signs that a homeowner may be in financial distress before they enter into a contract with them. During the term of the contract, you should follow your contract processes thoroughly and carry out proper contract administration.
In the event of non-payment, you should follow the steps available to you under the contract. Remember that HIA Contracts provide you with options for how to take action when payment is late.
Read this resource for essential information on how you can avoid – and manage – payment disputes with homeowners.
Access this resource now
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Who is it for?
Building Professionals
This resource is designed for builders and industry professionals who want advice on how to avoid payment disputes with homeowners.
What does it include?
- Tips for avoiding payment disputes
- What to do before you sign a contract
- What to do during your contract
- Understanding risks before you take action.