What’s Involved in a Pre-Settlement Inspection?

The pre-settlement inspection is also known as a final inspection. In this article, we look at the key elements in a pre-settlement inspection and provide some useful tips for making a thorough inspection. If you have any doubts, consult a conveyancing professional for advice.

What’s a Pre-Settlement Inspection?

Buyers of properties have a right to a final or pre-settlement inspection of the property before they make full payment and take ownership. Your representative or conveyancer will usually advise that you undertake the inspection on the day of settlement (e.g, on the morning of settlement).

This final inspection is designed to ensure that the property is in the condition that has been contracted for. The buyer can check that all the inclusions are present and/or that no damage to the property has occurred since the pre-purchase inspections.

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