Victorian Home Building/Joinery Contract Pack For $20,000 And Over (With Insurance)

By law, you must have a written ‘major domestic building contract’ for work worth more than $10,000.  

You are required to obtain Domestic building insurance; this is insurance for works over $20,000. This insurance was previously known as 'builders warranty insurance', now called First Resort Home Warranty Insurance.

You must give your client a copy of your domestic building insurance policy and a certificate of currency covering their property before you take a deposit or any other money for work worth more than $16,000.

By law, a deposit can be no more than 5 per cent, if the total contract price is  $20,000 or over.

********Important legislative changes to Victorian domestic building contracts and Home Warranty Insurance will take effect from 1 July 2026. 

This updated contract and supporting documents reflect these changes effective from 1 July 2026. 

For contracts entered into on or after 1 July 2026, the updated contract must be used to ensure compliance with the new legislation.