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Catching risky property developers

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Owners corporations of large apartments have avoided reporting issues said David Chandler NSW Building Commissioner, because of fears for their apartments’ reputation.

But by the time they have reached a dead end in the courts, “they’ve run up hundreds of thousands of dollars in legal fees, they’ve had no defects repaired, and because of the passage of time the developer has wound up their company”.

“The message has got to be: ‘Tell us about them earlier.’”

In December, last year the NSW state government removed Chandler’s department from within NSW Fair Trading and established it as a standalone agency, Building Commission NSW with many more staff to enforce standards.

https://www.smh.com.au/national/nsw/dodgy-developers-days-are-numbered-warns-building-commissioner-20240118-p5ey9l.html




What do you think?


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Comments
IdeaSpies @ 2024.01.20 6:25 AM

The problems that need to be solved

https://www.macrobusiness.com.au/2024/01/defective-apartments-crumble-across-sydney/



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