Note that this checklist relates solely to Wallis Property Management Ltd’s (WPM’s) involvement in the purchase, and is not an exhaustive checklist regarding the entire transaction.
Ensure that your solicitor arranges for the Letter of Indemnity through WPM, which notes your interest as the new owner and the interest of your lending institution on the development’s buildings insurance policy. Without this, your lender may not release the funds to allow the sale to close.
Please ensure that you obtain all relevant keys for the property. These (could) include:
- Apartment door key(s) – deadbolt and night-latch
- Entrance door to block
- Letterbox key
- Alarm code
- ESB/Gas meter cabinet key(s)/code(s)
- Bin-house code
- Remote Control units/key fobs for entrance gates
Remember to ask the seller of the correct number of any assigned car-park space(s), or the “usual” arrangements for first-come, first-served” cark parking facilities.
Ensure that your solicitor has checked that there are no outstanding monies on the property’s account BEFORE the sale has closed. This is to avoid the situation whereby you end up being billed for outstanding amounts that are actually owed by the previous owner. Sorting this situation out after the sale has closed can be a protracted business for you and your solicitor.
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