We will treat in a strictly confidential manner all information we receive through our work for you that relates to your business or personal information. The only exceptions are when you allow us to disclose this information or if we have to do so by law. If COVID 19 alert levels change in different parts of the country, this could affect your ability to acquire real estate. You can include in the agreement a condition of what happens if the alert level suddenly changes and you fail to agree on the settlement date. If you are unable to obtain financing and wish to terminate the contract, you are required to prove the steps you have taken to obtain this financing. You cannot use this condition to cancel if you simply change your mind about the purchase. The real estate agent or licensed seller who makes the sale makes a copy of the New Zealand Residential Property Sale and Purchase Agreement available to the buyer and seller. When the sale is completed, the seller pays the agent for his services. The agent or agency usually takes the commission of the deposit they hold in their trust account. The agent cannot ask you to pay for your services if they have been hired by the seller.
This refers to the fact that you are able to arrange the payment, for example. B a mortgage or a loan. Some agreements may provide (for the benefit of the seller) that if you are unable to provide financing and cannot meet this requirement, you must provide proof from your bank confirming that your financing has been refused. If you are unable to provide supporting documentation, you may need to continue selling. A purchase and sale contract becomes unconditional if all the conditions are met. It is important for buyers to know which would stay in the house – if it is not included in the list of, the seller in their rights is to take the chat with them. The mentioned must be in perfect condition and in the same condition as when signing the contract of purchase and sale. Construction report: the latest agreement allows for 15 working days for a construction report. This may seem too long, and it is obvious that a less negotiated period (provided it is realistic) would likely improve the attractiveness of an offer.