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Comparing HIA, Fair Trading, and MBA Contracts: Key Differences
A well-drafted building contract is crucial for homeowners to protect their legal rights and ensure a successful construction project. The Home Industry Association (HIA), Fair Trading, and Master Builders Association (MBA) offer standard contracts in NSW, Australia. Understanding the key differences between these contracts is vital for homeowners to make informed decisions and negotiate favourable terms. In this article, we will compare and contrast the HIA, Fair Trading, and MBA contracts, highlighting their unique features and advantages.