Why a master build guarantee? The Master Build New Homes or Alterations & Additions Guarantee is only offered by a Registered Master Builder. You are covered for either:
•Loss of Deposit– Up to 10% of the Contract Price to a maximum of $50,000.
•Non Completion – Up to 20% of the Contract Price to a maximum of $500,000
•Materials*, Workmanship and Structural Cover from practical completion for 2 years.
•Limited Structural Cover For up to an additional 8 years – Giving a maximum of 10 years. (The Maximum total payout for all cover is $1,000,000. (Cover includes GST).
For more information about the Master Build 10 Year Guarantee, visit Masterbuild