Hi,
I'm really interested in a property that is coming up for auction and just wanted some thoughts and feedback on the current extra conditions listed on the S&P agreement for auction. The House is a 1920 Villa in Mount Eden and I find the weather tightness clause odd, or is it simply a standard clause most sellers put in now regardless?
I would have thought these clauses were really only in the leaking building houses or put in contracts for houses built during that period.
When I looked around the property it appears all original and weather boards are in good condition. Any feedback would be great..
23.0 Weather Tightness
23.1 The Purchaser acknowledges and accepts that neither the Vendor, the agent nor the licensee hold themselves
out to have any expertise as to the weather tightness of the dwelling or any related issues with respect to same, nor
have the Vendor, agent and/or licensee made any representation(s) in relation to such matters. The Purchaser
acknowledges that in entering into this agreement, they have undertaken their own independent enquiries and/or
investigations and have based their decision in reliance solely on their own judgement and advice received through
their own independent enquiries and or investigations.
23.2 The Purchaser further acknowledges, that Unlimited Potential Limited have recommended they obtain their own
specialist expert advice in relation to this property and to seek their own independent advice (whether legal or
otherwise) with respect to this property.
I'm really interested in a property that is coming up for auction and just wanted some thoughts and feedback on the current extra conditions listed on the S&P agreement for auction. The House is a 1920 Villa in Mount Eden and I find the weather tightness clause odd, or is it simply a standard clause most sellers put in now regardless?
I would have thought these clauses were really only in the leaking building houses or put in contracts for houses built during that period.
When I looked around the property it appears all original and weather boards are in good condition. Any feedback would be great..
23.0 Weather Tightness
23.1 The Purchaser acknowledges and accepts that neither the Vendor, the agent nor the licensee hold themselves
out to have any expertise as to the weather tightness of the dwelling or any related issues with respect to same, nor
have the Vendor, agent and/or licensee made any representation(s) in relation to such matters. The Purchaser
acknowledges that in entering into this agreement, they have undertaken their own independent enquiries and/or
investigations and have based their decision in reliance solely on their own judgement and advice received through
their own independent enquiries and or investigations.
23.2 The Purchaser further acknowledges, that Unlimited Potential Limited have recommended they obtain their own
specialist expert advice in relation to this property and to seek their own independent advice (whether legal or
otherwise) with respect to this property.
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