What is A Condition Assessment?

If you have bought an-off-the plan property, assessing that property post construction is an important part of the settlement process. You need to ensure that the property you agreed to purchase is the same that is being delivered!

An NBtax Condition Assessment will take note of the ‘as built finish’ of your property. From our initial review of purchase documentation, contract of sale, agreed finishes and specifications we have a unique understanding of what was agreed to be built.

We will inspect your property on your behalf, and produce an assessment on the condition of the finishes within the property good or bad. If we find that the agreed finishes and specifications within your purchase contract don’t match that which has been installed will we highlight this in our assessment. This may enable you to take the relevant action.

Having a condition assessment completed on your property will make you a more informed purchaser. Our assessment will give you a clear understanding of any potential issues or defects before you take possession, move in or put up for lease. It also gives you peace of mind, giving you a document that will ensure agreed items between you the purchaser and the vendor are installed or rectified prior to settlement.

This service is especially valuable to those offshore purchasers who are not present at the time of settlement. We are able to act on their behalf during settlement inspections to ensure relevant conditions are met within the sale contract.

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