MP opposes pesky report plan
A PLAN to make property owners responsible for providing pest and building reports on homes they are selling lacks transparency and would not stop buyers wanting their own report, State Lismore MP Thomas George said.
Mr George said he had no official information or notice of a bill to introduce changes flagged by the State Government this week.
However, he queried the likely effectiveness of the plan, which would have vendors provide pest and building inspection reports and then pass the cost of getting the reports done to the eventual buyer.
The plan has come under fire from the Law Society of NSW and the Australian Environmental Pest Managers Association, which warned it also could also shift legal responsibility for the accuracy of the reports to the vendor.
Mr George, who has a background in the real estate industry, said vendors could find themselves with reports that were accurate when they were first done, but inaccurate by the time they reached the hands of the property’s eventual purchaser.
He said buyers would often want their own reports done, regardless of whether the vendor already had one prepared.
“A lot of times, in my time in real estate, people might say there’s no problem, but when you get a report you do get a problem, and it might be a case where there wasn’t a problem three months earlier,” he said.
“If a guy’s selling a car and he gives you a report from a mechanic you don’t know, what do you do? What do you think?”