Things You Need to Know About Building Inspections

Things You Need to Know About Building Inspections

Building inspections are extremely important when buying a house. They can save you a fortune, quite literally. When you consider the amount of money committed to buying a house, they’re a very good investment. A specialized building inspection can find structural issues, hidden costs, and other serious issues before you use a cent. The building inspection report will clarify any situations which may affect your buy. Your character lawyer will be able to advise regarding the inspection report and clarify any related legal issues.

What a building inspector does

A building inspector is a person with appropriate qualifications and experience in the building industry, usually a licensed builder. The inspector should have complete specialized indemnity.

The inspector conducts a thorough study of the easy to reach areas of the premises, including:

  • Structural condition: The state of the building interior and exterior
  • Building defects: Any part of a building showing indications of disrepair or requiring work.
  • Roofing: Tiles, leaks, supports, and state of repair, external and internal.
  • Walls: Movement, cracking, physical damage or disrepair.
  • Site: The condition of the site, drainage, separate buildings, fencing, etc.

Purchasers may also request investigation of other matters, for example:

  • Presence of asbestos
  • Electrical safety switch
  • Smoke alarms

These building issues can be extremely expensive, if problems are identified. Purchasers often conduct a pre-buy character inspection, to reduce risk when buying.

Please observe: The building inspection does not include areas which are outside the qualifications of the inspector. Electrical, plumbing and other systems unprotected to specialized licensing must be inspected by a qualified person.

The building report

In Australia, the building inspection report prepared using a formal reporting method under the Australian Standard AS 4349.1, which sets out the required content and format of the report. The report will clarify any areas of concern, and describe the condition of the premises. This provides purchasers with an indication of any costs or problems. The report must also specify any areas which were unable to be inspected, a further consideration.

The report will not provide:

  • A cost calculate regarding any work required on identified issues.
  • Termite issues
  • Minor defects outside the fleeting of the inspection.

Making a decision

The building report provides a working basis for decision making.

The purchaser now has several options:

  1. The purchaser may proceed typically with the buy.
  2. The purchaser may wish to negotiate the buy on the basis of the report, offering a lower price in view of the building issues. Negotiations are conducted by character lawyers, to ensure correct procedure, and that purchasers are properly represented during making an offer.
  3. Alternatively, the purchaser may wish to withdraw from the buy. You should be guided by your solicitors regarding the legal issues in this example. A vendor may seek to offer a lower price, and it’s advisable to ensure that your character lawyers manager this offer to protect your interests.

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