No. Under NSW laws, once you sign a contract (66W) the property then belongs to you. You have purchased that property based on whatever research, decisions and information you obtained prior to signing.
  • The purchaser's name.
  • The address of the property.
  • Reason for the inspection/s.
  • Date the inspection was undertaken.
  • The scope of the inspection.
  • A list of any area or item that wasn’t inspected, the reasons why it wasn’t inspected and if necessary, a recommendation for further investigation.
  • A summary of the overall condition of the property (considering its age and type) and any major faults founds in the property.
  • A list of any significant problems that need fixing.
  • If necessary, a recommendation that a further inspection or assessment be carried out by a suitably accredited specialist (e.g. pest inspector, electricity supply authority, water supply authority, structural engineer, geotechnical engineer, surveyor or solicitor).
  •  On the surface (in theory) it sounds like an excellent idea but in NSW all inspections need to comply with (A – I) above.
  •  No - Unlike the ACT inspectors in NSW are not required to be licenced. It is now an “Unregulated Industry” and buyers need to beware.
  • No - reports cannot be transferred into your name after you purchase the property, thus rendering them of little and/or no value for pre purchase purposes.
  • The report legally belongs to the person whose name is on the report. It is therefore important to be aware that losses arising in contract or tort sustained by a third party is at your own RISK. Therefore it is vital that your name is on the report prior to purchase.
  •  “Caveat Emptor” - Buyer beware.
  •  You should always seek advice from your licenced legal representative prior to purchasing a property.

At Acclaimed Building Consultancy the inspector(s) will check all accessible parts of the property. These include:

  • Interior of the building
  • Exterior of the building
  • Roof space – internal
  • Roof external
  • Under-floor space
  • Kitchens
  • Bathrooms
  • Roof exterior
  • Site
  • Pool area
  • Garageing/accommodation
  • Outbuildings
  • Verandah(s)/balcony(s)
  • Laundry/s
  • Toilets
  • Stairs/steps
  • Services

Vendors/Agents sometimes get a building report on the property they are selling to give to interested buyers.

While this can help, it is important to be aware that it is not a substitute for your own independent pre purchase building report.

“Caveat Emptor” - Buyer beware. Purchasers should always obtain their own independent information and it is always important to seek advice from your licensed legal representative lawyer, conveyancer, solicitor etc., prior to purchasing a property. Order your report today. Click here to order online.

ORDER YOUR REPORT TODAY

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Please contact our office directly on 1300 557 902 if you have any questions.

Acclaimed Building Consultancy are members of www.rics.org.au

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