The building inspection reports are your receipt for the inspection process. These documents are not just the inspector's opinions. These building reports are legal (but not legally bound) documents which reflect the building industry expertise about the property. Although, the home or pre purchase building reports do not have a legal bearing on the owner, these documents are required to be correct. You do have the right to sue the building inspector for the inadequate inspection. What's more, there are building authorities which will remove the license from dodgy inspectors.
These building inspection reports are the most common among private buyers.
The industry calls them handover or pre purchase reports.
It is important to have an independent party to evaluate your future property.
For new homes, most building reports outline minor defects.
However, there are cases of catastrophic problems where builders simply patch-up the poor workmanship. The independent building inspectors can easily spot these cover-ups. Thus, you have a report which can prevent dodgy handovers. This way, the building inspection report protects you from future legal proceedings. The pre-purchase of second hand properties also requires the building inspection reports. In most situations, you need these documents more for the second hand buildings rather than for the new ones.
Generally, you do not know how was the second-hand building utilised. The structure could have been exposed to chemicals and pests. With the quick checkup, the building inspector can evaluate the structure. The building reports will provide the piece of mind or lead to the decision not to invest.
The main areas of the pre purchase (handover) reports are:
The dilapidation building reports are written evaluations of the "external conditions".
These documents are often referred as conditions reports.
The dilapidation building inspection report documents the general condition of the property.
Essentially, these reports do not require a detailed investigation.
Items such as: visible cracks, unstable structures, damaged walls, broken windows, blocked sewage, etc are primary subjects of the dilapidation building reports. This external evaluation of the property is cheaper than the detailed pre purchase building reports. The dilapidation building inspection reports are important for many reasons. Insurance and lending institutions may certainly require this information.
However, it is the asset protection which needs these documents the most. Asset protection ensures that all damages are reported before construction activities commence. Otherwise, adhering properties may sue for physical damages which were not the result of the new building projects.
The price of the building inspection report is included in the cost of the overall inspection. On average, you may pay between $400-$500 for a comprehensive building inspection. Many contractors offer a fee of only $300. This, generally applies to houses below 150 square meters. Companies such as Reports Direct offer competitive fees for comprehensive building reports. In most cases, you can enquire online for your nearest inspector.