What happens during the Practical Completion Stage of your new home or renovation?
The stage of Practical Completion represents the finish of your project, and it’s also a contractual stage that’s essential to understand.
In this episode, we talk about the Practical Completion Stage.
This stage represents the completion of your project, and it’s also a contractual point which then triggers a series of other activities and processes required to complete your project, get it signed off with the authorities and deem it fit for you to move back into.
And, because it’s a contractual step and process, you, as the homeowner, really need to understand your rights, responsibilities and obligations.
We discuss where your project should be at by now, the things to be aware of as your builder gets ready to leave site and what to expect from your builder in their communication and planning.
Many homeowners believe they can withhold payment from their builder as leverage to complete a project. Or they let the builder leave site without completing all defects. Both can present large risks to the owner for various reasons. Homeowners simply don’t understand what their role is during this stage, or how their builder should be managing this point of the build.
It’s important you understand exactly what should happen during this stage to protect yourself, and get the finished home you’ve paid for, and been waiting for all this time!
Listen to the episode now to learn more …
PODCAST PARTNER: QUOTESPEC
This season’s podcast partner is QuoteSpec. QuoteSpec is a cloud-based app that enables builders and tradespeople to create great-looking, professional, easy to read, and comprehensive quotes for reno and building projects, in a simple and super fast way.
Ask your builder or tradesperson “do you use QuoteSpec?” and if they don’t, send them here to find out more about it … www.quotespec.com.au/undercoverarchitect
HOME Method is my flagship online program that will give you key knowledge, tools, cheatsheets and industry insider checklists and tips, plus strategies to save your sanity and budget as well.
This online program can support you, help you avoid expensive mistakes and drama, and put you in the driver’s seat, feeling confident during the design and construction of your new home or renovation.
Head to HOME Method www.undercoverarchitect.com/manageyourbuild to see more about what’s inside the program, and how it can save you stress and money as you navigate the design construction of your reno or new home.