If you are buying a house, you will have to carry out a number of inspections prior to the completion of the contract. A special condition in the contract will outline the inspections to be carried out by a certain date.
Your conveyancer will arrange these on your behalf. The inspections that are usually recommended by the conveyancer are building or engineering reports, pest and termite inspections, electrical inspections and plumbing inspections.
These inspections are carried out by qualified professionals who provide a written report, which is provided to you for consideration prior to the date specified in the contract.
Currently, in the Northern Territory, there is a no vendor disclosure. We advise that you exercise ‘buyer beware’— in other words, it is up to you to make your own enquiries. Do not rely on what the vendor or agent tells you.