Overview of MBA Contracts in NSW
MBA Contracts, also known as Master Builders Association Contracts in NSW, are extensively utilised in the NSW construction sector to govern the relation between builders and homeowners, ensuring a balanced and equitable partnership. These contracts are crucial for safeguarding the interests of both parties, detailing their obligations, responsibilities, and expectations, thereby fostering a fair and transparent agreement in residential building contracts. This article provides an overview of MBA Contracts in NSW, their importance, and the key considerations homeowners need to make when entering into these agreements. Understanding these contracts can help homeowners ensure a fair and transparent agreement in residential building contracts.