102Homes Tasmania to obtain reports from inspectors and valuers

102 Homes Tasmania to obtain reports from inspectors and valuers

(1)  Homes Tasmania must obtain from an inspector or valuer a report –

(a) as to the manner in which any advance under this Act has been expended and used by the borrower; and

(b) generally as to the state and condition of any land, or land and residential premises, or any improvements, in respect of which a contract of sale or tenancy has been entered into or an advance has been made.

(2)  An inspector or valuer directed by Homes Tasmania to make a report for the purposes of subsection (1) may, at any reasonable hour in the daytime, enter and make an inspection of any land, or land and residential premises, or improvements, for the purpose of making the report.