Buying and Selling Rural Property
At Cosgriff Orchard Legal we are aware that buying and selling rural property can be complicated and distinct from the buying and selling of regional properties. There are certain aspects of the agricultural or farming lifestyle that are distinct from regional and we understand this. As the land involved in the sale is used to generate income, prospective buyers and vendors need to be especially careful when contemplating and entering into the transaction, and this is something we will assist you in.
Vendor Disclosure
In conveyancing there are some obligations on the vendor to disclose certain matters however generally speaking the onus is largely on the purchase to look after their interests when undertaking a land transaction and we will assist you with this.
Contract Negotiations
Pre-contractual enquiries usually concern the quality of the land that is being purchased.
General information regarding a property can be acquired from the relevant rural land protection boards.
For specific information in regards to the land, certain inspections may need to be made. Inspections of the land may be for the following:
- Chemical Residues;
- Livestock Diseases;
- Plant Diseases and Pests;
- Noxious Weeds;
- Noxious Animals and Insects.
Access and Water Entitlements
In a sale of rural property it is important to have information in regards to the access that is legally available on the property, especially regarding easements. Further it is essential that water entitlements are verified in a sale of rural property.
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