FAQ

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).

Yes - please advise/ask our inspector prior to the inspection.

•  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.