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Thank you everyone for your comments and advice, very much appreciated. Have since got legal advice and you're all correct. Interestingly I haven't heard anything more from my real estate agent/purchaser since our last verbal altercation (which was before I got onto this site), where I told him to "bring it on" . Will keep you posted.
Purchaser is contacting me via MY real estate agent, who I paid commission to! I believe my agent is being bullied by purchaser and consequently telling me I have to do this or "it will be bigger than Ben Hur". I think he thinks I'm the easier head to kick, rather than stand up to this guy. We (agent & I) have had a couple of "unsavoury" telephone conversations, as I believe once it's settled, that's the end of it on my part.
Settlement agent (conveyancer) suggests I get legal advice, which I want to avoid the cost of doing, hence my query on this site.
Property settled 14th March, all items repaired today (30/3). In my opinion the items that required attentiion would not stop a property from being rented, providing prospective tenants were advised they would be repaired in a specific timeframe. Its a very old house which hasn't been lived in for nearly 2 years, I've never lived in it as I bought it with intention of demolishing and building new house, so I was unaware of most of the repairs they required until after settlement when they pointed them out. Of course, had they bothered to do the pre-settlement inspection they would have noticed these things then. By the way, we're talking about a $2.6m property, and purchasers are very well-heeled, running 2 separate successful businesses, so they're not naive boguns.
They haven't proven how they have suffered financially, but I'm sure they'll come up with something. I tried to rent it out a year ago at $400pw with no luck, so if they can get $1K pw, they're pretty good!
