Recorded Webinar: Holding Builders to Account in an Economic Downturn

A tsunami of circumstances has had dire consequences for the building industry and, as a consequence, has impacted purchasers of off the plan and house and land packages. This session will provide a guide to practitioners on risk and proactive steps when acting for purchasers in these situations, including:

• How secure is the statutory vendor disclosure regime for purchasers of new residential properties?
• A guide to pre-contractual due diligence on builders
• Drafting tips for special conditions for additional purchaser protection
• Assessing the risks in “rise and fall” and variation clauses
• Builder reliance on sunset clauses and recent reforms
• Spotting red flags and builder insolvency – when to pull the pin and other options
• Materials substitution and other defects – how effective are the statutory warranties?
• Rescission and other remedies for disappointed purchasers
• Recent cases