Toxicological report: There is now the possibility for a buyer to obtain a toxicological report as a standard condition in the agreement. If selected, the condition requires the buyer to hire a professional to test the property for contamination of narcotics, mainly methamphetamine. The buyer has 15 working days to perform the test and approve the written toxicological report. If you are unable to obtain financing and wish to terminate the agreement, you are required to prove the steps you have taken to obtain such financing. You cannot use this condition to cancel if you simply change your mind about the purchase. The seller must ensure that all goods on lists 2 and 3 are in the same condition as when the contract was signed, with the exception of appropriate wear and tear. However, the seller now has an additional obligation to ensure that the goods listed in Annex 3 are in perfect condition. All information published on this website or in an article is true and accurate in their soul and conscience. The information on this site should not replace legal advice. NZ LAW Limited or the individual subsidiaries of NZ LAW assume no responsibility for losses suffered by any person or organization that relies directly or indirectly on the information published on this site.
The views expressed in an article are those of the authors and do not necessarily reflect the views of NZ LAW or its member societies. The information that appears on this site may only be reproduced with the prior permission of the registered office of NZ LAW Limited and by mentioning the source. The information that appears on this site may only be reproduced with the prior permission of NZ LAW Limited Centrale and credited to the source. © NZ LAW Limited We treat as strictly confidential all information we receive for you through our work regarding your business or personal data. The only exceptions are if you authorize us to disclose this information or if we must do so by law. Even if a bank does not lend you the full amount to complete the purchase, provided you have standard financing, you may need to use all reasonable possibilities to obtain financing, including the invitation to the seller after a “lender”. Toxicological report: It is now possible for a buyer to receive a toxicological report as a standard condition in the agreement.