BILD Lab Podcast - Episode 12: Handover Procedure
Автор: BILD Lab
Загружено: 2026-01-13
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Описание:
In this episode of the BILD Lab podcast, we take a detailed look at the handover process under a new home building contract, with specific reference to the HIA contract. We explain how the process is triggered when the builder issues a notice of completion, what a final claim actually is, and why it is not the same as a final invoice or an immediate demand for payment.
This episode also unpacks how the final claim is calculated, including the remaining contract balance, approved variations, and any deductions that apply due to delays or liquidated damages. We discuss when a builder is entitled to request the final payment, why an Occupancy Permit or Certificate of Final Inspection is required, and what “completion” really means under a domestic building contract.
If you’re building a new home in Victoria, this episode will help you understand your rights and obligations at handover, how defects and incomplete works are dealt with, and why the final inspection stage is one of the most important moments in the entire build process.
This is not legal or building advice.
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