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Pre-Settlement Inspections: What You Need to Know

June 13, 2024

Before finalizing your property purchase, conducting a pre-settlement inspection is crucial to ensure the property meets your expectations and contract conditions. At Rothschild Group, we help buyers navigate this final step with confidence.

Essential Pre-Settlement Inspection Checklist

1. Inspect Every Detail

  • Check fixtures, fittings, walls, and flooring for any unexpected damage.
  • Ensure that any appliances and built-in features included in the sale are in working order.

2. Confirm Repairs Have Been Completed

  • If the contract requires the seller to make specific repairs, verify they have been properly completed before settlement.
  • Take note of any outstanding issues and discuss them with your legal representative.

3. Test Utilities and Appliances

  • Check that electricity, gas, and water services are connected and functional.
  • Test appliances, lights, taps, air conditioning, and any included systems to ensure they work as expected.

4. Examine Outdoor Areas and Gardens

  • Inspect any irrigation systems, fencing, and landscaping to ensure they are in the agreed-upon condition.
  • If the property includes a pool, check that the filtration system and safety features are compliant and operational.

5. Conduct the Final Inspection Within Five Business Days of Settlement

  • The pre-settlement inspection should be scheduled within five business days of settlement to allow time for resolving any last-minute issues.
  • If major problems arise, your solicitor or conveyancer can advise on potential legal remedies.

Why Choose Rothschild Group for Property Settlements?

  • Expert legal guidance to ensure your rights are protected.
  • Thorough contract review to confirm seller obligations are met.
  • Proactive problem-solving to address any last-minute property concerns.

Need assistance with your property settlement? Contact Rothschild Group today for expert legal advice.

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