Exercising pest and building clause

In VIC I heard you can back off from the contract if you find 1 major structural issue or more than 10 minor issues, otherwise need to proceed with the contract.

How about in other states, can buyer back off over trivial things without some implication? Thx

 

The first advice is only true if you have included it in the contract and the clause is worded in the right way.

The second claim is completely untrue (where did you hear this?)

 

Hi @Joynz from this thread, the very first thread post by the OP.

 

Maybe I shouldn’t put without any implication. Should be what are the implications if Buyer want to back off over trivial things? Btw care to explain how the B&P clause work? How many days usually to do the B&P after the contract is accepted, and when to negotiate again? An amateur here, keen to learn. many thx.

 

I meant the claim about being able to pull out of a contract if a property has 10 minor issues. Where did you hear this?

 

just a conversation with friends, maybe I got it wrong uppss.... How about if too many minor issues, can we walk out?

 

In QLD you can walk on anything, you don't need to be reasonable
The only condition is that you actually do B&P