{"id":11823,"date":"2021-03-18T17:09:50","date_gmt":"2021-03-18T06:09:50","guid":{"rendered":"https:\/\/www.dbalawyers.com.au\/?page_id=11823"},"modified":"2021-06-22T13:29:07","modified_gmt":"2021-06-22T03:29:07","slug":"smsf-building-contract-review","status":"publish","type":"page","link":"https:\/\/www.dbalawyers.com.au\/smsf-building-contract-review\/","title":{"rendered":"SMSF Building Contract Review"},"content":{"rendered":"

Click to order here<\/span><\/strong><\/a><\/p>\n\n\n\n\n\t\n\n\t
Description<\/th>Price<\/th>\n<\/tr>\n<\/thead>\n
SMSF Building Contract Review Service<\/td>POA<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

SMSFs are increasingly investing substantial sums and also seeking to improve or add value to their property holdings by way of subdividing, repairing, improving and developing property. However, many SMSFs do not carefully review and negotiate the finer details of building and similar contracts to ensure contraventions of superannuation law do not occur. Naturally, every builder and tradesperson would like to get paid. Most building contracts include clauses authorising the builder to place a mortgage, charge or security interest in respect of the property. It is important to note that the mere presence of these clauses in a contract contravenes an important operating standard that prohibits an SMSF charging\/securing its assets, leaving SMSFs open to significant penalties and other consequences. DBA Lawyers can review and draft special provisions to include in building contracts to minimise any contravention risk.<\/p>\n

DBA Lawyers can help<\/strong><\/h3>\n

We can assist SMSF trustees and their advisers to navigate the legal, tax and commercial issues including:<\/p>\n