Roger
RE: master builder template building contracts. You must 100% see a lawyer about these. Your builder will have you over a barrel on these terms. they are a nightmare. the terms need significant re-balancing. if your lawyer pies you off and says they look pretty standard and not much can be changed, then get a better lawyer. if you think the MBS organisation is there to keep builders honest and that their terms are fair to consumers, think again.
everything is geared towards the builder. if they say they can’t make any changes then run a mile. listen to your lawyer. don’t take the risk. what can go wrong will go wrong and the money invested in legal advice and re-drafting will be well worth it. as an organisation, the registered master builders are there to protect builders and to gather money for back-of-the-cereal-packet “guarantees” that have more holes than grandmas crochet blanket, all of which your builder and the organisation will drive a truck through to roll over the top of you.