Strata building bond and inspections scheme

Under this scheme, from 1 January 2018 developers of new residential strata buildings (4 storeys and higher) are required to pay a building bond to NSW Fair Trading equal to two percent of the building contract price.

After two years, this building bond may be used to pay for any identified rectification work if the developer has failed to do so.

Use the NSW Planning Portal below if you're a developer with new project registrations from 1 September 2020.

Use the SBBIS ePortal below if you are a developer with projects registered before 1 September 2020.

Prev Fire safety and external wall cladding