Part 5: Post Settlement

*Please note this is a general guide only and should not be used in place of obtaining our advice.

This week we look at a purchasers potential rights post settlement and some key considerations.

Post Settlement

Problems with the building

We can assist you if you find problems with the building following settlement. You may be covered by legal warranties in respect of the workmanship of the building or even a builder’s insurance policy. Legal warranties/insurance may still apply even though a property has been bought and sold many times.

Other matters

You must ensure the property is compliant with all smoke alarm requirements. You also need to ensure telephone, electricity and gas connections are in place for your property.

The Council and the water authority must also be given notice of the change in ownership of the property, which we can take care of for you.

Next Steps

If you have any questions or require our assistance with the purchase or sale of a property please contact us on (03) 9645 9500 or email our property lawyers at info@mertonlawyers.com.au today.