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Building Defect Bond Scheme Strata
Forum Index » Derivatives (Equity, Currency, Commodities)
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MichealHAlexander (IV07905001)



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We act as independent inspectors on behalf of developers to complete mandatory defect inspection reports under the Strata Building Bond & Inspection Scheme (SBBIS). Under the scheme, developers are required to pay NSW Fair Trading a building bond that is equal to 2% of the cost of the development. This money is set aside to fund the cost of defect repairs.

Building Defect Bond Scheme Strata
 
Forum Index » Derivatives (Equity, Currency, Commodities)
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