FAQs

The building inspection report identified defects. Now what?

The contract may contain a clause or annexure that:

  • gives the buyer the right to terminate the contract if certain defects are found;
  • requires the seller to give the buyer compensation for defects; or
  • requires the seller to repaid certain defects.

It is important to look at your own contract to determine your rights.

If you have concerns about your rights and obligations relating to building reports, we recommend that you seek legal advice. Strict time limits may apply, so seek advice as soon as you identify a potential issue.

More FAQs
FAQ
All local authority rates, Water Corporation rates, strata levies and land tax (outgoings) for the current year will be apportioned between the buyer and……
FAQ
Most contracts to buy real estate in Western Australia are made using a standard two-page Contract for sale of land or strata title by……
FAQ
The standard O&A provides that if for any rea Most contracts allow each party 3 business days grace after the settlement date during which they……