23/06/2026
Imagine this: You’ve just bought your dream home, but a massive storm hits a week before settlement, causing a tree to crash through the roof. 😱 Who pays for the repairs?
Property damage before settlement is a common worry, but knowing your rights can save you thousands. Here is a quick breakdown:
Minor Damage (like a broken window or a fallen fence): The vendor is usually responsible for fixing it before settlement, or they may offer you a price reduction so you can fix it yourself later.
Major Damage (such as a flooded house): You may have the right to delay settlement, ask for a price reduction, or in severe cases, even cancel the contract.
In NSW, the responsibility to maintain the property in the same condition as when it exchanges is up to the vendor. There is an exception, however, if the purchasers take occupation of the property early then typically the responsibility will fall on them.
Navigating property law can be complex, especially when emotions and large sums of money are involved. If you're facing pre-settlement property damage, having an expert conveyancer on your side is crucial.
We are experienced in helping people out of tricky situations, contact us today to find out how we can help you!
📞 02 4735 3982
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