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| 6 Jun 2013 Stamp Duty
Stamp duty generally applies to the purchase of existing homes and land in WA. First home owner exemptions are available. For more information visit the Department of Treasury and Finance.
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| 6 Jun 2013 Rise and Fall Clause
In times of volatile building costs, builders will look at ways of reducing the risk of signing “fixed price” contracts with clients, contracts which leave the builders bearing the total burden of fluctuating costs over the construction period. In the last boom, massive increases and fluctuations in the price of roof tiles, steel and copper […]
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| 6 Jun 2013 Security of Payments Legislation
The Construction Contracts Act, also known as security of payment legislation, commenced on 1 January 2005. Part of this legislation covers disputes between building owners and builders. The laws are designed to maintain the flow of funds between parties even when a dispute occurs and not allow an owner to retain monies owed under a […]
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| 6 Jun 2013 Shared Equity Scheme
A shared equity arrangement is where two or more parties agree to co-purchase an asset, and share in any capital appreciation of that asset over time. The parties may agree on a 70/30 ownership or any other shared arrangement. The parties need to consider whether recurring expenses such as stamp duty rates and taxes and […]
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| 6 Jun 2013 Swimming Pool Construction
Swimming pools are extremely popular and come within the definition of “home building work” in the Home Building Contracts Act (1991). This legislation covers issues such as maximum deposit payable (6½ per cent of contract value), progress claim payments and so on. There are several construction issues to consider. When a swimming pool is constructed […]
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| 6 Jun 2013 Glass and Accidents
Unfortunately, there have been a number of accidents in family homes causing serious injury and even death due to incorrect types of glass installed. Although traumatic for the victim, it is also an issue for the owner of the property when it is leased to tenants. Houses constructed before the mid 1970’s often used […]
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| 6 Jun 2013 Insulation Types
Loose Fill Loose fill materials include cellulose fibre and mineral wool, and is mainly used as ceiling insulation. It is simply pumped into the roof space, or sometimes the wall cavity. Since there’s no cutting, fitting or stapling it’s one of the fastest and easiest insulation types to install. Cellulose has been rated currently (by […]
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| 6 Jun 2013 Insulation – Downlights
Special provisions apply for the installation of insulation near downlights. Where this occurs, it can increase fire risk if there is insufficient clearance and air ventilation around electric lights and fittings. As a result of these concerns, Standards Australia has issued rules which require a clearance of 200mm around lamps and transformers. Any combustible building […]
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| 6 Jun 2013 Legal Aspects of Home Purchase
Normally a buyer first comes into contact with the property through a real-estate agent. Remember that the agent works for the seller, not for the buyer, and that the seller pays the agent’s fees or commission for negotiating the sale. This means that the agent’s obligations are primarily owed to the seller, not to the […]
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| 6 Jun 2013 Lighting
Lighting can transform your new house into a home. Early planning about your lighting requirements can save a costly and inconvenient retrofit at a later stage. As part of this planning process you will need to decide about the type of lighting you require. This decision is more than thinking about whether you want downlights, […]