Not sure if I have the correct location.
I got the idea of writing in an access clause on the contract of sale from this forum. A great idea to get into the ip and change or reno anything in need of tlc AND have prospective tenants through to get them in asap.
A learning experience for us. We had the access clause included but it was written in in such a way as to specify what we wanted to do. i.e. tear up carpet, polish floors and renew retaining walls.
The trouble is once we had more time to think about it we wanted to remove the space heater and install ducted heating, plus paint a couple of rooms.
Our elderly vendor (who lives next door to the ip) for various reasons peculiar to her, objected to the new heating being installed. The reasons are irrelevant but because we needed the painting and heating done before the floors she effectively blocked our "ready for renting at settlement" plans.
She is quite legally entitled to stick to the contract as written I believe and that is the point I wanted to make .
Make sure you include everything in that clause that you need, and throw in a couple more in case. Make your inspections and planning thorough. "Due diligence..." as is oft written in these halls of learning.
Is there a general clause (without specifics) we can use on our next one?
Kel
I got the idea of writing in an access clause on the contract of sale from this forum. A great idea to get into the ip and change or reno anything in need of tlc AND have prospective tenants through to get them in asap.
A learning experience for us. We had the access clause included but it was written in in such a way as to specify what we wanted to do. i.e. tear up carpet, polish floors and renew retaining walls.
The trouble is once we had more time to think about it we wanted to remove the space heater and install ducted heating, plus paint a couple of rooms.
Our elderly vendor (who lives next door to the ip) for various reasons peculiar to her, objected to the new heating being installed. The reasons are irrelevant but because we needed the painting and heating done before the floors she effectively blocked our "ready for renting at settlement" plans.
She is quite legally entitled to stick to the contract as written I believe and that is the point I wanted to make .
Make sure you include everything in that clause that you need, and throw in a couple more in case. Make your inspections and planning thorough. "Due diligence..." as is oft written in these halls of learning.
Is there a general clause (without specifics) we can use on our next one?
Kel