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

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

Purchase

A home builder must, before asking or permitting a housing consumer to sign a Building Contract:

a)	explain all the facts pertaining to the home and land of which he/she is aware or should reasonably be aware, which may affect the housing consumer;

b)	give the housing consumer five (5) calendar days to examine the contract and other relevant documents provided that this provision will not apply to building contracts or sale agreements in terms whereof the contract price exceeds the sum of R250 000,00 (two hundred and fifty thousand rand);

c)	ensure that the agreement contains all representations and promises made to the consumer.