I received a letter today from Fair Trading stating they want assistance from the public regarding loose-fill asbestos. If your home is built before 1980 you can register with the NSW Government for a free sample test of the insulation in your home to find out if it is affected by loose-fill asbestos. It is critical the homeowners act as the NSW government is considering new laws to protect the community from unknowingly purchasing a property that contains loose-fill asbestos.

When selling a property, you would be obliged to confirm in the contract of sale if the property contains or is free of loose-fill asbestos and: A prescribed warning notice would be included in all contracts of sale to alert buyers of the risk of loose-fill asbestos in pre-1980s homes.

Owners of properties that test positive for loose-fill asbestos have the option to either sell their land and premises, or premises only, to the Government. The Government assistance program is your chance to protect yourself from the financial consequences of loose-fill asbestos.

Apparently this letter is being sent out to many residents. Thought you might interested.