How the Consumer Codes Approval Scheme enhances consumer protection
What is an IDRS?
If you are involved in the conveyancing of a new Home, whether acting on behalf of one of the thousands of builders signed up to the Code through their registration with the home warranty bodies, or by acting on behalf of a home buyer, then you can apply to undertake the free online training which introduces the Code requirements and helps you understand how builders should comply.
The course is designed to help those in the buying and selling of a new home have an understanding of the Code. If you are acting for a home buyer, the training helps you understand the Code Requirements and the benefits it brings them and if acting for a builder, it explains what they need to do to comply.
A revised edition of the Code – the fifth edition – will apply to new homes reserved from 1 January 2024. The existing, fourth edition, continues to apply to homes reserved up to 31 December 2023 and will remain in force for those homes until two years after legal completion. During this transition phase, two courses are available to cover both versions of the Code.
The course takes no longer than an hour to complete and is a process of individual learning and self-accreditation.
A unique feature of the training is the marriage of training about the Code Requirements with training about Consumer Protection Regulations, which apply to property transactions and which have a clear synergy with the Code.
Please click on the link below to access and run the courses.