Just wondering how much time people request for settlement? Would vendors get annoyed at a request for a 4 week settlement?
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Anywhere from 2 to 6 weeks is common for vacant houses and transferring tenants.
If tenanted and buying vacant, tenant must be given 42 days minimal notice (if periodic, if fixed can't tell them to leave) so settlement after that period.
For owner occupied dwellings where the owner is in the place, even longer is not uncommon because they have to move all their stuff.Plan and invest wisely - You only get one life so make the most of it!
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Confirm what Scott said. Bear in mind the tenant notice won't be given until the agreement is unconditional, so it will be 42 days (plus a little bit more to allow for notice to be served) after unconditional, not 42 days after signing the agreement (unless it is unconditional straight away).
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4 weeks settlement from unconditional date is reasonable for a vacant possession.www.PropertyMinder.co.nz
# Property Management
# Ad Hoc Tenancy Services / Rental Inspections / Terminations and Notices
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