Buying a property is a significant investment, and before settlement, conducting a final inspection is essential to ensure you are getting exactly what you paid for.
Why a Final Inspection Matters
1. Contract Compliance
- Ensure that the seller has fulfilled all agreed-upon repairs and conditions.
- Any missing or incomplete work should be addressed before settlement.
2. Verify Functionality of Fixtures and Utilities
- Test lighting, plumbing, gas, air conditioning, and appliances.
- Confirm that essential utilities are in working order to avoid post-settlement surprises.
3. Identify Any New Damage or Missing Items
- Inspect the property for any new cracks, leaks, or structural issues that may have arisen since the initial agreement.
- Ensure that fixtures, fittings, and landscaping are in the expected condition.
Final Inspection Checklist
- Structural Integrity: No new cracks, water damage, or major defects.
- Utilities & Appliances: Test water pressure, heating/cooling, lights, and kitchen appliances.
- Doors & Windows: Confirm they open, close, and lock securely.
- Fixtures & Fittings: Ensure everything listed in the contract is present and undamaged.
- Cleanliness & Rubbish Removal: The property should be vacated and free from unwanted items.
What to Do If Issues Arise
- Notify your conveyancer or real estate agent immediately.
- Negotiate solutions with the seller, including repairs, compensation, or price adjustments.
- Seek legal support if disputes arise that could delay settlement.
Why Rothschild Group?
- Expert legal guidance to ensure compliance with all contractual obligations.
- Negotiation support to resolve pre-settlement disputes.
- Comprehensive property law assistance to safeguard your investment.
Need help with your final property inspection or settlement? Contact Rothschild Group today for expert legal advice.
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