QBBC Home Warranty Insurance – part 1

Part 5 of the Queensland Building and Construction Commission Act 1991 (Act) establishes a statutory insurance scheme, the purpose of which is in certain situations to provide assistance to consumers of residential construction work.   As part of the building process, the builder pays a premium to the QBCC to insure the construction work, the amount of the premium being included as part of the contract price and paid to the QBCC before the residential construction work commences. [Read more…]

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