Posted on June 25, 2010.
Learn more about Structures on property Without a qualified attorney to transfer property to your side, it's much easier to make mistakes during the buying process. For example, the standard contract does not address whether or not the peripheral structures of a house were approved by the local council. Learn more about managing this situation by reading below.
Are you covered by structures not approved?
Of course, pool, carport or extension of the house of your dreams may seem on the up-and-up, before signing on the dotted line, though, you'll want to make sure. The standard REIQ contract has no provisions for such structures or not on a property must be approved by the local council. In other words, if you sign the contract - then discovered that the council did not approve an existing structure - you'll be out of luck.
Options to protect you -
Since the standard contract does not protect the buyer against unauthorized structures, it is the buyer to protect themselves. A lawyer for conveyancing professionals know how to do that, but it is useful to have a handle on what are your options anyway. One way to handle this situation is to add a special condition for the property contract which clearly states that all structures of the property must be approved by the local council. A delay may be specified as well.
Another option to protect against unauthorized structures on a property you are considering buying is the conduct of investigations yourself, before signing the contract. If you focus on a property that has a pool, pool fencing, pergola or other structure on it, you can check with the local council to see if they are approved or not. Otherwise, you can inform the seller that you will not sign a contract until they have been approved.
Be careful when you buy a house -
Although there are many things to keep in mind when you buy a house, it is important not to neglect some of them to get through the process faster. Rushing along can cause errors to be done - and you'll often end up paying for them. A lawyer experienced transfer of ownership is a valuable tool against costly mistakes and can guide you on things like handling structures on a property. Always hire a conveyancer for finding a new home. In this way, the chances of signing a contract for a property with unapproved structures will be much less.