If you’ve conducted cosmetic work on your property that don’t require council permits or approval, you will need to provide an owner builder defects report depending on the type of works completed (Section 137B) which is inserted into the Contract of Sale. The report is verification by an authorised and external party that the work you did is up to standard.
If the value of the building work is more than $16,000, then building insurance must be obtained by the owner builder and a certificate of currency given to the buyer pre-contract. The insurance must cover structural defects for 6 years and non-structural defects for 2 years.
