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Updated over 4 years ago,

User Stats

34
Posts
1
Votes
Dale Viljoen
  • Auckland, New Zealand
1
Votes |
34
Posts

Builders reports without having a condition in the contract

Dale Viljoen
  • Auckland, New Zealand
Posted

This post may seem a bit confusing but I will explain what I mean. I am currently reading a book to learn more about the process of purchasing a property. In the current paragraph it says "The conditional period is usually 10 working days from the data the price has been agreed on.  Within this time frame you are required to carry out the relevant conditions of the sale (ie Builder's Report, Valuation Report, Finance etc)

Firstly, what conditions would I have to put to be able to carry out things like Builder's and Valuation Reports during the conditional period or will I be able to carry out those reports regardless of the conditions? 

I believe subject to satisfactory valuation and subject to finance will always be two clauses that I sign the contract with but I am not sure which condition would allow me to get a Builder's Report (this is if you do need a specific condition to carry out a Builder's Report).