Terms & Conditions
- 101 Residential hereby guarantees the construction timeframe on standard plans as follows;
- Single Storey Homes 12 months
- Double Storey Homes 20 months
- Valid for homes signed up from 1 March 2024.
- Timeframe is calculated from the date that the ground floor slab is poured to practical completion.
- Any delay past this time guarantee will result in a credit to the customer by way of variation at key handover at a rate of $400 per calendar week.
- The following increases in timeframes will apply;
- Double Storey with upper floor double brick + 4 weeks
- Raked Ceilings + 2 weeks
- External Cladding + 2 weeks
- Delays outside of our control will not contribute to the calculated timeframe. Ie; natural disasters, Government mandated shutdowns, disease, vandalism, theft, war, holiday shutdown, extended periods of bad weather, industry wide transport, labour and material supply interruptions.
- This guarantee is conditional upon all progress payments being completed within 10 working days of invoice issue.
- This guarantee is conditional upon all other site related timeframes being met by customers such as site access/fence removal/power dome/owner nominated trades etc.
- The agreed penalty fee is payable for a maximum of 12 weeks.
