(This note updates the previously issued 'New Homes (HIA) Special Conditions' for Victoria.)
These Special Conditions have been prepared for use by the builder and the owner, as an alternative form of contract, where:
- the bank or financier imposes on the parties a Housing Industry Association’s HIA Victorian New Homes Contract (August 2017 version) as a condition of approving finance, but
- where the parties had already agreed to include the role and functions of the Architect administering a contract under the ABIC Simple Works 2018 H Victoria contract.
These Special Conditions introduce a number of the definitions and mechanisms familiar from the ABIC SW 2018 H VIC contract into the HIA Victorian New Homes contract.