All Topics / Help Needed! / Purchasing Student Accomodation
Hello there,
I am about to put an offer for a registered student accommodation in Brisbane.
Other than the usual subject Finance, Subject to Building and Pest inspections. I am looking at putting the following:- Subject to sighting the RTA approval paperwork
- Subject to sighting the existing lease agreements and handing over the existing tenancy lease agreement and any bond money with the sale.
- Subject to sighting the cash flow statement for FY08/09
Have i missed anything?
TA
Remember in Qld that the date the contract is executed you as the buyer are responsible for the Buildings Insurance.
Given that most insurers will run a mile when you mention Student accomadation you might want to line up you Insurance Cover in readiness for the offer being accepted.
Richard Taylor | Australia's leading private lender
I know your post was a while back, but what was the outcome of your application? Was there any benefit or did it just put you on the council radar?
Hello there,
I am about to put an offer for a registered student accommodation in Brisbane.Other than the usual subject Finance, Subject to Building and Pest inspections. I am looking at putting the following:
- Subject to sighting the RTA approval paperwork
- Subject to sighting the existing lease agreements and handing over the existing tenancy lease agreement and any bond money with the sale.
- Subject to sighting the cash flow statement for FY08/09
Have i missed anything?
TA
<i class=”rw-ui-like-icon”></i>0<i class=”rw-ui-dislike-icon”></i>0<i class=”rw-ui-info-nub rw-ui-info-outer-nub” style=”border-right-color: rgba(153, 153, 153, 0.498039);”></i><i class=”rw-ui-info-nub rw-ui-info-inner-nub” style=”border-right-color: rgb(255, 255, 255);”></i>Rate this
You must be logged in to reply to this topic. If you don't have an account, you can register here.