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  1. Xenia IM

    Inheriting tenant damage when purchasing tenanted property?

    If you are taking it to tribunal ensure you have: A clear initial inspection report (the 2004 date will be screaming out wear and tear) Pictures of all damage in an exit report Invoices against damage Do not confuse it with anything else - keep renos out of it
  2. Xenia IM

    Inheriting tenant damage when purchasing tenanted property?

    If you are talking about a vendor making good any agreed to damage then yes they can be held responsible. If you are talking about making a claim from a bond then you need to wait till the end of the lease. In this case I'm reading that the lease continued on a periodic basis. How can...
  3. Xenia IM

    Inheriting tenant damage when purchasing tenanted property?

    Only if the lease ended before or at settlement. If the lease continued after settlement, the new owner handles the bond refund based on original inspection report.
  4. Xenia IM

    Inheriting tenant damage when purchasing tenanted property?

    Yes - what Kate said. The inspection report that will be compared would be the one before tenants moved in. You cannot do a move in inspection report mid tenancy. If it ends up at tribunal -it will if tenant is stubborn, they are likely to overrule any logic if you mention that the...
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