When is a 137 B Inspection Required?

A Section 137 B Inspection Report is required only if you sell the home within 6 years and 6 months of the works being completed. If you sell the home after 6 years and 6 months of the building works being completed, you don’t require one. The value of the works does not matter. The value of the works only matters in relation to warranty insurance. If the value of the works is over $16,000, the owner builder must get warranty insurance.