What Are the Basic Requirements to Obtain An Owner - PowerPoint PPT Presentation

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What Are the Basic Requirements to Obtain An Owner

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  1. What Are the Basic Requirements to Obtain An Owner-Builder License? Source: ownerbuildercourse.blogspot.com.au/2017/08/what-are- basic-requirements-to-obtain.html

  2. Owner-builder work refers to any jobs that require construction, renovation, or repairs to an existing home. If the value of this building work exceeds $10000, it is mandatory to apply for an owner owner- -builder license builder license from the authorities. This rule applies to the development approval taken with respect to a secondary dwelling or a single-home dwelling. Dual occupancies can also be approved under this license in some special cases. To become an owner-builder, there are certain prerequisites that include: 1. Proper Documents: 1. Proper Documents: When applying for an owner-builder permit in Australia, you need to provide the following documents at a Fair Trading centre: A White Card signifying completion of course in Work Safety in the Construction Industry. A notice showing determination- Approval. This approval must be obtained from a certifying authority or council. 2. Compliance with Basic Requirements: 2. Compliance with Basic Requirements: To obtain an requirements like: an owner owner- -builder license builder license, , you should meet certain

  3. Ownership of a land or vested interest in a property. Intention to live in the completed building Age above 18 years The value of proposed contract should exceed 20000 Completion of an approved owner-builder course 3. Home Warranty Insurance: 3. Home Warranty Insurance: Before undertaking a residential building contract, every licensed contractor needs to provide a home warranty insurance issued by an approved insurance provider. This certificate should be taken by an owner-builder before commencement of a building work. It is mandatory if the total cost of a contract exceeds $20, 000. These are the requisites of becoming an owner-builder for a residential construction.