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The Importance of Compliance: Why You Need a BIC Before Property Settlement

  • Writer: Cameron Rowe
    Cameron Rowe
  • 3 days ago
  • 1 min read
"Property settlement process", "BIC approval document"
The Importance of Compliance: Why You Need a BIC Before Property Settlement

Why a Building Information Certificate Is Crucial Before Property Settlement


Understanding the Role of a BIC in Property Transactions:


Have you ever wondered why a Building Information Certificate Is Crucial Before Property Settlement? A BIC provides legal assurance that the council will not take action against existing structures for seven years, which is vital during property sales.


Risks of Settling Without a BIC:


  • Potential council orders to alter or demolish unauthorized structures

  • Legal complications post-settlement

  • Financial liabilities for rectifying non-compliant works


Benefits of Obtaining a BIC Pre-Settlement:


  • Ensures compliance with local regulations

  • Facilitates smoother property transactions

  • Provides peace of mind to both buyers and sellers


Steps to Secure a BIC Before Settlement:


  1. Consultation: Engage with professionals to assess the need for a BIC.

  2. Documentation: Gather all necessary documents and plans.

  3. Application: Submit the BIC application to the relevant council.

  4. Inspection: Coordinate with the council for property inspection.

  5. Approval: Obtain the BIC before finalizing the property settlement.


Let the Experts Handle It


At BuildingInformationCertificate.com.au, we take the guesswork out of the process. Whether you’re dealing with unapproved works, selling a property, or responding to a council notice, we’ll help you get your BIC approved with minimal hassle.


📞 Call us on 0491 629 310 


 
 
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