Transfer a guarantee into your name
To transfer a guarantee into your name when you buy a house that is protected, you need to submit a request form to us within 90 days of settlement.
For a copy of the form, email: help@masterbuilder.org.nz
As part of the request, you must:
- Confirm with your vendor that the guarantee is in their name (you can ask for a copy of their guarantee certificate).
- Confirm you have made a full inspection of the home and accept the guarantee’s terms and conditions.
- Provide the guarantee number and dwelling address as a reference.
- Pay a fee of $400 (including GST).
All transfer requests are subject to our approval.
Transfer requests from developers
The first transfer of a guarantee from an approved development to a homeowner may have the fee waived, so long as:
- The development is made up of more than 3 properties.
- All properties in the development are covered by one of our guarantees (with no loss of deposit or non-completion cover).
- The person receiving the guarantee is the first occupant of the property.
- The transfer request is submitted within 90 days of settlement.
Pass along the lasting value
If you sell your home, let buyers know a guarantee is available and help pass along the valuable peace of mind. To be transferred, the guarantee must be in your name as the vendor.
A guarantee can be transferred any number of times within the life of its cover (but this does not extend the period of cover).
For more information on our guarantees, talk with your Master Builder or one of our team.
Contact us