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For more information and advice on building and renovating essentials and working with other building industry professionals, visit Building and renovating essentials. Registered builders, contractors and tradespeople must have domestic building insurance for all work over $16,000 . This is in addition to the builder's contractual obligations and warranties. Ensuring appropriate insurance policies are in place if you sell an owner -built home. If you are planning on being the owner-builder for a swimming pool or spa, or installing safety barriers, see the regulations and requirements on our Swimming pools and spas pages. Intellectual property refers to a legal entitlement which sometimes attaches to the expressed form of an idea, or to some other intangible subject matter. This legal entitlement generally enables its holder to exercise exclusive rights of use in relation to the subject matter of the IP. The term intellectual property reflects the idea that this subject matter i

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