Hello,
I had recently bought an apartment. At the time of sale, neither the vendor nor the vendor's agent had made any mention of the fact that there is a proposed construction of Sydney Metro project on the street across the apartment block.
There were no sign boards around the construction area which would make it conspicuous to a potential buyer that the area is going to be a construction site in the near future. However, it has been brought to my notice that there were communications to the residents about the proposed construction so they were clearly aware of it and probably the proposed construction would have been one of the reasons for sale.
The Sydney metro website mentions about the project and the affected areas but a reasonable web search of the property/ area from a buyer's perspective who is unaware of the metro project does not give results which would alert of such constructions.
The title of the property and other things mentioned in the advertised brochure etc. is all fine.
My question is - should the vendor/ vendor’s agent have explicitly informed us that as existing residents they had received communications from Sydney metro about the proposed construction under Property Law?
Thanks
I had recently bought an apartment. At the time of sale, neither the vendor nor the vendor's agent had made any mention of the fact that there is a proposed construction of Sydney Metro project on the street across the apartment block.
There were no sign boards around the construction area which would make it conspicuous to a potential buyer that the area is going to be a construction site in the near future. However, it has been brought to my notice that there were communications to the residents about the proposed construction so they were clearly aware of it and probably the proposed construction would have been one of the reasons for sale.
The Sydney metro website mentions about the project and the affected areas but a reasonable web search of the property/ area from a buyer's perspective who is unaware of the metro project does not give results which would alert of such constructions.
The title of the property and other things mentioned in the advertised brochure etc. is all fine.
My question is - should the vendor/ vendor’s agent have explicitly informed us that as existing residents they had received communications from Sydney metro about the proposed construction under Property Law?
Thanks