HOW you protect yourself from property Heartache
What at first may be a clear agreement at the end could cost a lot more than you expect.
The title
A review of the certificate of title of property you buy is essential before the execution. An attorney can ensure that the property is free of any charges which the buyer at settlement when all loads are on the certificate of title.
Further, an attorney may be the title for easements or restrictive agreements. An example of facilitation is a way over a neighbor's land, the use of a common bore. When you buy that, just because it seems to access does not mean that there is a right of access. Do you have an attorney check to make sure you have the rights that you believe you always.
Restrictive agreements on the country restrict the way land can be used by the owner. A restrictive covenant may be the type of building (ie domestic only), the type of materials that can be used, roof color, etc. Restrictive agreements are always on the title and can easily be checked before the contract is signed. If you do not like the conditions you are not the federal government for the purchase of the property.
The contract
Before you sign the contract, it is important that you have read or attorney check to ensure that they are used to your advantage, and that they will meet your requirements, for example, that the contract conditional on finance, a building inspection or a pest inspection. If the condition is not fulfilled, the contract can be terminated. In addition, make sure that a date in the contract by which your offer lapses.
Buy the plan
If you "Buy from the plan" Make sure that the contract provides for a fixed date on which the property must be completed, or you can terminate the contract. Generally, you should always seek legal advice before signing a contract with a developer.
Make sure that the scheme does not take place before the unit and the complex have been completed. This includes facilities such as completion of the swimming pools and services such as security. Buyers should be aware that some contracts stipulate that the settlement can take place when title be issued in front of the unit or the facility is ready. If you sign a contract provides that the settlement can take place before the property is ready you can pay before you are in.
Real Estate Agents
Understand that the real estate agent is acting for the seller, not the buyer. The Real Estate Agent will receive a commission for the sale of real estate and the buyer does not owe any duty.
GETTING THERE The advice given by a lawyer BEFORE BUYING is the best insurance.
"This information is not, nor is it to be, legal advice.
You should contact an attorney for individual advice regarding your own situation. "
Address: 1 Floor, 85 Market St, Fremantle, WA 6160 McDonald Pynt Lawyers
Phone: (08) 9335 7171
Fax: (08) 9335 7177
Mobile: 0413 887 171
E-mail: office@mpcl.com.au
Website: http://www.mpcl.com.au
We provide production of commercial and retail leasing, preparation of agreements for the construction of pre-leasing, Reservations, Real Estate & Business settlements, due diligence, preparation of contracts for the sale of land and strata units, franchise agreements, the preparation of Family & Superannuation trustee.
0 ความคิดเห็น:
แสดงความคิดเห็น