All Topics / Creative Investing / Owner Builder – Joint Tenants

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  • Profile photo of gershallgershall
    Member
    @gershall
    Join Date: 2005
    Post Count: 3

    My partner & I have been looking at vacant land to build a holiday home on. Planning on putting in an offer in the next couple of days.

    Land under 100K suits me as i have a budget of only 75K to build.

    A builder may charge anywhere up to 150K for what i have in mind for the house.

    So i am definately going to be an owner builder.

    Question relates to the names on the offer/title.

    Do all the named people on the offer/title have to make the application to be the owner builder?

    I am in WA and know there to be restrictions on doing another owner builder project within a certain time frame.

    At this stage i am thinking of putting only my partners name on the offer/title, allowing myself to have only my name on any future offer/title that we plan to do another owner builder on.

    Anyone done something similar??

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