Summary of important things to know. 0000013054 00000 n This page links consumers and licensees to the public register, where they can look up agents, companies, salespersons, and branch managers. 0000008589 00000 n Title: Pre-Settlement Inspection Checklist Author: Preston Russell Law Keywords: DAC73nHzTto,BAB8-3U9QZA Created Date: 12/16/2018 11:00:26 PM Use IPB inspection type if preline plumbing and preline building inspections are being booked together. You may also be interested in Inspections can occur between 8am and 7pm for rental properties, and between 8am and 6pm for boarding houses. Notice of an inspection must be given to the tenant at least 48 hours before the inspection, and not more than 14 days in advance. (11) for more help feel free to reach out. 0000015859 00000 n The pre-settlement inspection is normally arranged by the real estate agent, and must be carried out no later than the day before settlement is scheduled to occur. Please be patient with our team. 0000100921 00000 n 0000014197 00000 n 0000003590 00000 n Timeframes for property inspections. 0000007448 00000 n The maximum frequency for inspections is once every four weeks. You should arrange to inspect the property before settlement day. 0000010801 00000 n It’s important both the buyer and vendor know about the issue as soon as possible so there are no delays with the settlement. 0000069179 00000 n 0000014541 00000 n An inspection of any plumbing works in any part of the building including the floor slab. 0000121876 00000 n Your deposit will be held in trust until settlement. 0000022488 00000 n 0000069121 00000 n On occasion, you may be asked by a buyer to carry out a pre-settlement inspection on their behalf. 0000100358 00000 n 0000069063 00000 n 0000068889 00000 n Get a checklist from the inspector to find out what will the building inspection cost covers. 0000069411 00000 n Things you should check include: lights and electronics; plumbing; water heaters It is their opportunity to ensure the property is as they are expecting it to be and that any work the vendor was supposed to undertake is completed. 0000047447 00000 n The contract of sale requires the seller to hand over the property in the same condition as … A pre-settlement inspection should be completed at least two days before the settlement date. Arrange mortgage insurance (if necessary). The firm has its office in Wellington but services clients throughout New Zealand. 1. As-built plans are required and pipes have to be connected and working in a normal manner. 0000069295 00000 n Final settlement dates are generally around 30 days after the auction. 0000100540 00000 n Ideally you would do the inspection after the vendor (or tenant) has vacated the property. 0000068715 00000 n 0000100615 00000 n You must organise the visit in advance at a time that suits the vendor. 0000014924 00000 n Pre-settlement inspection checklist Check the hot water system is working. 0000003921 00000 n Surveyors who are members of the Building Officials Institute of New Zealand (BOINZ) have undertaken the … 0000012119 00000 n If any issues are found during the pre-settlement inspection, you should refer both the buyer and vendor to their lawyer or conveyancer immediately. it is not expected to replace a Pre-Purchase Building Inspection by a qualified Building Inspection … 0000100027 00000 n Remember to complete your pre-settlement inspection The last thing you want is to regret and know that the builder or sales rep have heard a lot worse. 0000013262 00000 n RE: Pre Purchase Inspection: 1 Sample Street, Auckland. 0000015476 00000 n 0000068947 00000 n Make sure you check them all and don’t be afraid to mention anything and be firm. WorkSafe New Zealand – Inspector Toolkits for Construction Sites. 0000003088 00000 n You should conduct the pre-settlement inspection yourself with a witness, such as the real estate agent. planning for settlement date when selling. Here are points to bear in mind to help things go smoothly. 0000011736 00000 n Level 4 The Todd Building 0000011184 00000 n Use A House Settlement Checklist Before The Big Day. The checklist includes sections on: the contents of your tenancy agreements; keeping accurate records; maintenance and the condition of the property; general tenancy law (eg, inspections, rent in advance and rent increases). 0000019954 00000 n 0000009316 00000 n 0000026881 00000 n 0000023225 00000 n The house is not yet yours and so you cannot simply show up unannounced. All the Councils in the Waikato Building Consent Group use these checklists to assess the compliance of building work. Check for significant damage, inclusions and exclusions, plumbing and electrical, cleanliness and special conditions. You need to make sure your purchase finance is ready before settlement day. You should explain you are able to arrange access to the property for the inspection and speak to the vendor about any issues identified. h�b``�c`��e`g`��� Ȁ �@1�Yݧ��600�LT`�"`c��KIͬ�jO+*��n��30�52�737�h�k��3�2�����.9�ľ�. Also, make sure the building inspection report will conform to the residential property inspection New Zealand standard NZS 4306.Look at these sample pre-purchase property inspection reports to find out what to expect. Did you find this article useful? 0000068657 00000 n When you carry out a pre-settlement inspection, these are the general things to check: Vacant possession – have the previous occupants vacated the property? If the property is tenanted, be mindful that you may need to allow extra time to work with the tenant to arrange the pre-settlement inspection if the buyer is entitled to one or the vendor agrees to this. During this inspection the property purchaser should ensure that the property is in the same condition as it was on the day that the contract was signed. 0000004648 00000 n The issue may be as minor as a broken blind or as major as a hole in the floor. 0000100424 00000 n 0000020527 00000 n 0000016067 00000 n The partners and staff travel regularly the length and breadth of the country on behalf of clients. Download your copy here. You can do the pre-settlement inspection with the agent or the seller. This should allow enough time for any issues that may be identified to be fixed and give enough time for the vendor and the buyer to negotiate on how and when these issues can be resolved. If you are buying by negotiation, you will be required to sign the sale contract and pay a 10% deposit. FINAL INSPECTION BEFORE SETTLMENT CHECKLIST Please note: This is not a building structural check. As a buyer, you have the right to do a pre-settlement property inspection. Please find following my completed report which I encourage you to read in its entirety. Contact the agent to arrange this inspection. This means making a time to come and view your new house before settlement day to poke around and reassure yourself that everything is as it should be, including all chattels that were included in the sale and purchase agreement are still in the property.. 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