Victorian Current Acts

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BUILDING ACT 1993 - SECT 137E

Insurance requirements for home sold before completion

A person must not enter into a contract for the sale by the person of land on which a home is being constructed, or is to be constructed, if the contract provides for or contemplates that the construction of the home will be completed before the completion of the contract unless—

S. 137E(a) amended by Nos 2/1996 s. 11 (as amended by No. 34/1997 s. 33(1)), 21/2017 s. 100(3)(a).

        (a)     the home is being constructed under a major domestic building contract or the contract of sale is a major domestic building contract or provides that the home is to be constructed under a major domestic building contract.

S. 137E(b) repealed by No. 21/2017 s. 100(3)(b).

    *     *     *     *     *

Penalty:     120 penalty units.

Pt 9 Div. 4 (Heading and ss 137F, 137G) inserted by No. 43/2019 s. 9.

Division 4—Cladding rectification subrogation

S. 137F inserted by No. 43/2019 s. 9.



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