Jack, Abigale & Meth!

Jack and Abigale had been saving very hard to purchase their first investment property.  Finally they saved enough money for the deposit and contacted a real estate agent to get the ball rolling.  They explained to the real estate agent that they would prefer to purchase an investment property that was already tenanted.  They did not intend on having the property managed so the ideal tenants would be a family with children instead of a flatting situation.  The real estate agent took this information on board and began looking in the Gisborne and Napier areas for a suitable investment property. 

Jack and Abigale received an email from the real estate agent with a few properties he thought they might be interested in.  After looking through the photographs, Jack and Abigale particularly liked the look of a property in Napier.  The property was a weatherboard home with 3 bedrooms, 2 bathrooms and a separate garage.  The property was within walking distance to the local primary school and had a large reserve with a playground only a few houses down.  In the pictures there were pushbikes and a trampoline in the back garden so the property also appeared to have a family with young children living there. 

Jack and Abigale contacted the real estate agent and advised they would like to put in an offer on the Napier property.  The agreement was subject to obtaining a satisfactory LIM report, building report and methamphetamine report.  The vendor accepted their offer and the agreement was sent to each solicitor.  Jack and Abigale ordered the LIM report from Council, contacted a local builder to inspect the property and arranged for a specialist to carry out the meth testing. 

A meth test was carried out and Jack and Abigale received a phone call the following day.  The specialist advised the meth report had been prepared and emailed to them.  The specialist also said there were very elevated readings.  A property is considered contaminated if any high use individual area in the property has levels of methamphetamine more than 1.5µg/100cm².  Jack and Abigale began to review the report and were shocked when they discovered that the levels for this property had come in at 26.27µg/100cm².  Jack and Abigale immediately emailed the meth report to their solicitor and advised they wanted to cancel the agreement.


Issue 80 September 2017