Know What You're Signing
Before You Pay a Solicitor
A solicitor review of your contract can cost $500 — $2,000+. Our instant review catches red flags, missing documents, and hidden costs in under 30 seconds for just $5.
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Your solicitor is essential — but their time is expensive. Going in prepared means faster reviews, better questions, and potentially thousands saved.
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Missing documents, restrictive covenants, undisclosed easements, upcoming special levies — find these beforeyou're emotionally (and financially) committed.
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We check every page for red flags, missing items, and compliance gaps.
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2 serious issues found that could affect your purchase — we strongly recommend discussing these with a solicitor before proceeding.
Outdated Owners Corporation Certificate
The OC certificate provided is dated 14 months ago. Under the Owners Corporations Act 2006, a current certificate should be obtained to reflect the true financial position, including any pending special levies or litigation.
Action Required:
What you should do about this issue
Request a current OC certificate before signing. Check for outstanding levies, planned works, and any legal disputes involving the OC.
Upcoming Special Levy — $15,000
The minutes from the last AGM indicate a proposed special levy of $15,000 per unit for common area roof and plumbing repairs. This has been flagged but not yet formally approved.
Action Required:
What you should do about this issue
Clarify the status and timeline of this special levy. Negotiate with the vendor to either pay the levy before settlement or adjust the purchase price.
Heritage Overlay (HO6) Restrictions
The property falls within Heritage Overlay HO6 under the Port Phillip Planning Scheme. This significantly limits external modifications, demolition, and new construction without a heritage permit from Council.
Action Required:
What you should do about this issue
Review the heritage overlay requirements with Council. If you plan any renovations, confirm what permits are needed and typical approval timeframes.
Restrictive Covenant on Title
A restrictive covenant registered on the title requires body corporate approval for any structural modifications or changes to the external appearance of the unit.
Action Required:
What you should do about this issue
If planning modifications, understand the covenant restrictions and body corporate approval process before purchasing.
No Building Inspection Report Provided
The vendor has not provided a building inspection report. Given the property was built in the 1960s, there may be risks including asbestos, outdated wiring, or plumbing issues.
Action Required:
What you should do about this issue
Commission an independent building and pest inspection. Pay particular attention to asbestos-containing materials given the era of construction.
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This review is for informational purposes only and does not constitute legal advice. It is designed to help you prepare for discussions with your solicitor or conveyancer — not to replace them. Always engage a qualified legal professional before making property purchase decisions in Victoria.