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Housing Consumers Protection Measures Act, 1998 (Act No. 95 of 1998)

National Home Builders Registration Council : Code of Conduct for Home Builders

Chapter Sixteen : Agreement on Additional Costs

 

 

16.1 Any agreement between a home-builder and a housing consumer relating to payment of additional costs by the housing consumer to the home builder, shall:
a) be in writing and signed by both parties;
b) state the nature of the additional cost;
c) specify the amount payable;
d) specify when, where and how each amount is to be paid;
e) attach all annexures to a contract between the home builder and the housing consumer if any.