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August 1, 1994
Based on data collected from inspection of over 17,000 buildings we issue the following advice. With the anticipated improvement in the commercial, retail and industrial property market, investors need specialist advice from their solicitors. Even experienced investors should consider the condition of their intended purchase where calculating the long term yield. Yield depends upon existing [...]
May 1, 1994
Based on data collected from inspection of over 16,000 buildings we issue the following advice. Tyrrells have asked Standards Australia to co-ordinate a standard on property inspections. The proposed standard will help eliminate the hasty, inaccurate inspections by builders or architects with limited experience in the inspection of property. 30 – 45 minute inspection times [...]
February 1, 1994
Based on data collected from inspection of over 15,000 buildings we issue the following advice. Statistical analysis of the incidence and cause of pest damage in 3,412 buildings has identified: wood decay is a more costly liability than termite borers cause little economic damage except to older pine flooring timber pest damage is usually self [...]
November 1, 1993
Based on data collected from inspection of over 14,000 buildings we issue the following advice. There are approximately 20,000 properties in Sydney have joint sewers, most of which occurring mainly in the inner city suburbs of Paddington, Redfern and Surry Hills. Blockages in joint sewers can lead to disputes between users. In many past cases, [...]
October 1, 1993
Based on data collected from inspection of over 14,000 buildings we issue the following advice. Investigations of over twenty cases of negligence by building and pest consultants identify consistent causes for their mistakes. The major causes of complaints are: inexperience by the consultant hasty inspection practices and failure to inspect all sections of the building [...]
September 1, 1993
Based on data collected from inspection of over 13,000 buildings we issue the following advice. Hurried changes soon after purchase can be a mistake because they may: not take into account long-term needs and be changed soon after completion be poorly designed be poorly built may over capitalise the property’s value. The best immediate changes [...]
June 16, 1993
Based on data collected from inspection of over 2,000 unit blocks we issue the following advice. The asset value of strata and company title complexes can be severely diminished by detection of unexpected serious defects in any lot or shareholding being sold. Frequently, these defects should have been identified by either earlier maintenance inspections or [...]
June 15, 1993
Based on data collected from conveyances of over 12,000 properties, we issue the following advice. Reliance on pest inspections carried out by firms actively selling chemical treatment and who use personnel with limited qualifications may compromise the quality of advice provided to your purchasers. Specifically, purchasers will not be warned of construction defects and circumstances [...]
April 14, 1993
Based on data collected from conveyances of over 12,000 properties, we issue the following advice A thorough property and pest inspection often contains numerous critical comments about your client’s purchase. Serious unexpected defects that require expensive repair can cause considerable concern to your clients. In most conveyances the purchaser should be encouraged to talk directly [...]
March 9, 1993
Based on data collected from conveyances of over 11,000 properties, we issue the following warning. Considerable expense can be incurred if your client buys a recently completed building which has concealed defects and there is dispute about the identity of the builder. We are aware of cases where the requisitions and the purchaser’s own enquiries [...]
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