Valuations and First Right of Refusal FAQs
- Can I find out the cost to repurchase my block, but stay in my house until close to the demolition?
- What happens if I do not accept the sales offer and want to stay in my property?
- If I have exchanged my Deed of Surrender, but have not yet surrendered, when will my block be scheduled for demolition?
- If I haven't exchanged my Deed of Surrender yet, when will I be scheduled for demolition?
- Can I choose what I can keep or have removed from my block? I have a pool that I don't use, and I would rather buy my block back without it.
- If I want to get an unapproved structure approved, can I?
- What process will the Taskforce use to notify us when my former house is being demolished?
- Can you guarantee that the improvements I want to keep and have agreed with the Taskforce will remain and be in working order?
- What happens if the agreed improvements are damaged during demolition?
- Will the improvements I leave behind, such as my garden, be maintained?
- What happens if the remediated block is ready to purchase in the agreed condition but I've changed my mind?
- When will I find out how much it will cost to repurchase my block?
- Why is the sales price of my remediated block informed by the highest valuation instead of the average of the valuations as it was when the Government purchased my home?
- When will I get the offer for my remediated block?
- When can I start planning what I will build on my remediated block?
- When can I lodge my Development Application for rebuild?
- I've been sent my First Right of Refusal offer pack. What if I need more than 30 days to consider my offer?
- Why don't I receive financial assistance for legal advice in regard to my First Right of Refusal?
- Why do I have to reside in the property built on the block for six months when it is offered through First Right of Refusal?
- Can my architect or builder go on site to take measurements prior to the contract exchange?
- Why in some instances do I have two valuations and sometimes three for my remediated block?
- If I refuse my First Right of Refusal offer, can I still bid at public auction?
- Can I pass on my First Right of Refusal to another party?
- How will First Right Holders be contacted regarding accepting their valuation?
- My house has already been demolished. When will I receive my valuation prices?
- If I am out of the country, how will I receive my First Right of Refusal offer?
- What structures will be removed from my block during the demolition process?
- Why does surveying of a property happen after the demolition and remediation work is completed?
- Following demolition, how long will blocks be vacant prior to sale?
- Who manages the site at different stages of the process?
- Where a number of blocks are adjacent to each other, can they be consolidated?
- How will the sale price of my remediated block be determined?
- Why is the sales price not the average of the valuations as it was when the Government purchased my home?
- What do the valuers look at when undertaking their valuation?
- When can I get the valuation for my block? My house has already been or is about to be demolished - why haven't I received my valuation?
- Why are the valuations for Mr Fluffy blocks not done more than six months prior to demolition?
- How will I receive the valuation for my remediated land?
- Why don't I get a copy of the valuation reports?
- How long do I have to consider the offer to buy my remediated block?
- Are resale prices negotiable?
- Why is the sale price different to the unimproved values of land as per my previous rates notice?
- How much deposit do I need to pay? What if I decide to withdraw from the sale?
- What if I don't accept the offer for sale?
- What if I don't take up the First Right of Refusal, but later decide I want to buy the block at auction?
- How will I know if my block is subject to Territory Plan variation 343 and suitable for dual occupancy development?
- Where can I find out more about rebuilding on my block?
- Should I get independent legal advice about my First Right of Refusal?
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