Learn how to effectively administer your contracts and related documentation, comply with the requirements of the Home Building Act, use legal tactics to reduce risks and maximise income, and ultimately protect your business! This course is a must for Builders, Renovators, Developers, Contractors, Project Managers, Contract Administrators, Architects, Business Partners.

Undertaking this course earns you 12 CPD Points.

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PART A - The Basic Principles of Contract Law

• The basic components of a contract
  (What is a Contract?, Offer, Acceptance, Consideration, Contract Law & Legislation)
• Other factors affecting a contract after it is made
  (Intention to create legal relations, Legal capacity, Mistake, Undue Influence, Duress, Misrepresentation, Unconscionable Conduct, Privicy to contract, Contracts illegal by statute)
• Agency Law
• Discussion Questions
• Terms of the Contract
  (Express Terms, Implied Terms)
• Performance and Breach
• Termination
  (Performance, Terms of the Contract, Mutual Termination, Common Law, Repudiation, Legislation, Frustration)
• Damages
  (General Rules, Cost of Rectification, Difference in Value, Mitigation)
• Other Remedies
  (Specific Performance, Injunction) 
• Restitution
  (Unjust Enrichment, Quantum Meruit)

PART B - Construction Contracts

• Fixed-Sum & Cost-Plus Contracts
• Clauses Common in Construction Contracts
  (Particulars of contract, Progress Stages, Excluded items, Signing the contract, Primary Obligations, Preliminary matters, Security account, Accuracy of contract documents, Commencement of the works, Delays & extensions of time, Site possession & access, Hidden site conditions, Other costs, Progress payments, Interest on late payments, Variations, Materials supplied by the owner, Prime costs/ Provisional sums, Practical completion, Defects Liability period, Liquidated damages, Charge on the site, Suspension of the works, Termination, Debt collection costs, Despute resolution)

PART C - Summary of Home Building Act

• Definition of 'Residential Building Work'
• Licensing
• Contract requirements
  (Checklist, Mandatory Conditions, Consumer information brochure, Copy of the contract, Cooling-off rights, Exemptions from the contract requirements, Maximum deposits) 
• Statatory Warranties
• Home Warranty Insurance
• Performing work for an Owner Builder
• Advertising & Displaying signs
• Resolving Building Disputes & Building claims