Financial Responsibilities of Building

Question 1

What are the financial responsibilities of building in terms of architecture?

Answer 1

• owner needs a plan of the house
• should be submitted to the local municipality
• will charge a fee
• draughtsman is cheaper than an architect

Question 2

Why is an architect better than a draughtsman?

Answer 2

• will provide input into layout, design and orientation of house

Question 3

What are the financial responsibilities of building in terms of actual building?

Answer 3

• ask for quotations from different builders before deciding

Question 4

Why is the lowest building quote not always the best one?

Answer 4

• builders underquote to get work
• cannot deliver as promised

Question 5

What does the Housing Consumers Protection Measures Act 95 of 1988 state?

Answer 5

• all builders and contractors must be registered with the NHBRC

Question 6

What is the NHBRC?

Answer 6

• Nation Home Builders Registration Council
• regulatory body of South African home-building industry
• goal is to assist and protect housing consumers

Question 7

What are the financial responsibilities of building in terms of loans?

Answer 7

• consumers can apply for a home loan to finance the building process
• bank will require copy of the builder’s NHBRC registration certificate