The Final Inspection - Vacant land - A Purchaser's Comprehensive Guide

Conducting a final inspection is a crucial step in the home-buying process. Here’s why it’s so important:        

  1. Identifying Issues: The final inspection allows you to thoroughly assess the property to identify any issues or discrepancies that may have arisen since your initial inspection.        
  2. Contractual Compliance: It ensures that the property aligns with the terms and conditions outlined in the contract. If there are any deviations, you can address them before the settlement.        
  3. Repairs and Rectifications: If you discover any issues during the final inspection, you can notify the selling agent and your settlement agent. This initiates the process of addressing and rectifying any necessary repairs or adjustments before the property officially becomes yours.        
  4. Satisfaction and Assurance: The final inspection gives you peace of mind by ensuring that the property meets your expectations and is in the agreed-upon condition. It’s your last chance to confirm that everything is in order before the settlement takes place.

In essence, the final inspection is a safeguard to protect your interests and ensure a smooth transition of property ownership without any surprises or unresolved issues.  

When to book

The final inspection should be conducted within 5 days of the anticipated settlement date and can be arranged by contacting the selling agent, or the agent’s settlement team.

Planning the visit in advance and coordinating a suitable time with the selling agent and vendor is a courteous and legally sound practice. Various states require it to be conducted during business hours only.

Who to bring

Most states have rules around who can attend a final inspection, and it is generally accepted that it is only the purchaser/s, plus up to two witnesses. Bringing the entire family is not acceptable and can also be very distracting. It is essential for buyers to conduct the inspection themselves (or through an authorised representative), and with the real estate agent.

It is important to note that it is not legal to show up unannounced and demand entry to a property that is not yet under your ownership. Respecting the privacy and rights of the current owner is not only a legal requirement but also a fundamental aspect of a smooth and respectful buying process.

What to bring

It is a great idea to bring something to check the electrical connection if there is one. For example, a free standing meter box. Even better, purchase a power point tester from Bunnings for about $15.00 rather than using a phone charger or hair dryer. This will check is the connections and highlight if there are any issues with the wiring, or the fittings.

Available at the following link: https://www.bunnings.com.au/deta-power-outlet-tester-plug_p4420488

A long tape measure if you wish to measure the property boundary dimensions and It would be ideal to have your mobile phone handy to take images of any items of concern for later reference.

What to check

Working methodically, start at the front and work your way to the back of the block. You are ideally looking to see it is as described and if applicable, as inspected before you made the offer to purchase.

The various points to check may include the following items:

• Boundary Check: Verify the boundaries of the land to ensure they match the dimensions specified in the contract of sale. This may involve physically inspecting the perimeter or consulting survey plans.

• Site Conditions: Assess the condition of the land, including any vegetation, debris, or potential hazards. Ensure the site is clear and suitable for the intended use.

• Services and Utilities: Confirm the availability and location of essential services such as water, electricity, gas, and sewage connections. Ensure these services are accessible and functional.

• Easements and Restrictions: Identify any easements, covenants, or restrictions that may affect the use of the land. Understand any limitations or obligations associated with these encumbrances.

• Council Compliance: Check for compliance with local council regulations and planning requirements. Ensure that the land is zoned appropriately for the intended use and that any necessary permits or approvals are in place.

• Access and Amenities: Evaluate access to the property, including road access and proximity to amenities such as schools, shops, and public transport. Consider the convenience and suitability of the location.

• Documentation Review: Review all relevant documentation, including the contract of sale, title deeds, and any special conditions. Ensure that the terms of the contract are met and that there are no discrepancies or outstanding issues.

What if something is wrong?

If you come across anything that is not right, make a note of it as you go. Once the inspection is complete, send an email to both the selling agent and your settlement agent listing the items you believe require rectification according to the terms of the contract.

Your settlement agent will then assess whether these issues are covered under the contractual terms. If they are, the necessary repairs must be conducted by the vendor before the settlement. You might need to schedule a reinspection after the repairs are done to ensure your satisfaction before instructing the settlement agent to proceed with the final settlement.

This meticulous process ensures that any agreed-upon repairs are addressed before the property officially changes hands. 😀  

Final Inspection Checklist – Purchaser

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