Buyers should know their rights when buying a house

PHOTO: CHRIS MCKEEN/FAIRFAX NZ Andrea Warmington was disappointed when the development of an apartment she planned to buy did not go ahead.

When you are in the market for a house – especially for the first time – it can be easy to feel as though you are on the back foot.

You might be dealing with a smooth-talking real estate agent and a vendor who thinks the market is on their side.

But buyers have a number of rights to protect them. Knowing them will help you to avoid being burned.

The issue has been highlighted again this week by the case of Bailey Ross, who paid a deposit for a two-bedroom, one-bathroom unit in Tawa but had the agreement cancelled due to a sunset clause.

The properties were then relisted for sale at a higher price.

First, get legal advice

Before you do anything, get in touch with a good lawyer you can trust.

You are allowed to have them look over any sale and purchase agreement before you sign it, to flag potential concerns. They will also check the title for you.

Your offer

You can make an offer subject to as many conditions as you like. This might include things such as a building report, LIM, finance, sale of another property, or even just your solicitor’s approval.