HOME BUILDING CONTRACTS ACT 1991 - SECT 25L
HOME BUILDING CONTRACTS ACT 1991 - SECT 25L
25L . Subsequent purchaser to be given notice given under s. 25J in some cases
(1) If a person to
whom a notice is given under section 25J is a developer in respect of the
residential building work, the person (the developer ) must, before entering
into a sale contract in respect of the residential building work, give a copy
of the notice to the other party to the sale contract (the purchaser ) if
settlement for the sale contract is, or is likely, to occur within 6 years of
practical completion of the residential building work.
Penalty: $10 000.
(2) A failure to
provide a notice in accordance with subsection (1) does not, of itself,
invalidate a contract.
[Section 25L inserted: No. 37 of 2002 s. 17.]