Day: July 22, 2016
Buying a New Home?
So you’ve entered into a contract to buy a new home. Buyers will be aware of the range of conditions which are traditionally inserted in a contract for their protection. These include things such as confirmation of finance, approval of a Land Information Memorandum and a building report.
What About Meth Testing?
With recent coverage in the press, people are becoming increasingly aware of the danger of buying a home which has been used for the production, or even recreational use of methamphetamine (meth). If meth has been smoked or manufactured in a home, the cost of repairing the home to a standard which is safe for habitation can be considerable.
How Does Meth Affect a House?
Traces of meth can stay in a property for many years. It gets absorbed into the gib board, insulation, framing, carpets and fittings. In some cases the solution will be to strip the lining, insulation and possibly even the framing. It could amount to many thousands of dollars. In extreme cases where meth has been baked in a home, demolition may be the only solution!
What Should You Do About This?
We believe that the time has come when a special condition needs to be included in a contract for any conveyance of property in New Zealand to allow a purchaser to obtain a meth test report. When going to auction, it could even become standard practice for a vendor to supply a meth test report to give buyers peace of mind.
What Would a Meth Test Tell Us?
A meth report will tell you the sites where sample were taken. Traditionally this will be in areas such as the kitchen, bedrooms and living areas. The report will disclose any traces of meth found, the results compared to known safe levels and a recommendation on what you would need to do to fix the problem, if one exists.
If you would like to know more about including a condition in your purchase contract for meth testing, contact your conveyancing lawyer for assistance. We have many years’ experience in assisting purchaser’s with the conveyance of their home.