Buying a new home is an exciting time but what
happens when the pre-settlement inspection results in a few
Sometimes we come across clients who:
- have been misled as to the condition of the property;
- discover the property has been damaged;
- find chattels forming part of the sale have been removed or are
not working; or
- third parties are claiming rights over an area of the property,
or the chattels.
Whatever the issue, we can help!
You may be entitled to termination or cancelation of the
contract, or a reduction in the purchase price, depending on what
has been uncovered.
Under a standard agreement for sale and purchase, notice of a
claim arising from the pre-settlement inspection must be given to
the vendor's solicitor before 5:00pm on the day prior to
settlement. Therefore, we recommend carrying out the
inspection at least two days prior to settlement. Leaving your
inspection to the last minute may see you lose some or all of your
For more information contact our property