A ‘building and pest inspection’ condition in Queensland entitles the buyer to terminate the contract if the inspection findings reveal issues that prevent the property from meeting the buyer’s reasnable expectations.
A Notice to Complete in NSW is a formal demand issued when one party fails to settle by the agreed date. It requires completion within a set period, making time of the essence.
Buying a property is one of the most significant financial decisions you’ll make, and making an offer is a pivotal step in this journey. If you’re looking to buy a property in New South Wales, there are several important things to consider when submitting an offer. Here’s a comprehensive guide to help you navigate this crucial phase with confidence
Gazumping is a term that strikes fear into the hearts of many prospective property buyers in New South Wales. It occurs when a seller or their agent accepts your offer to purchase a property at an agreed price, only to sell it to someone else for a higher amount before the exchange of contracts. This article will guide you through the intricacies of gazumping and provide strategies to protect yourself from this unfortunate situation.
Are you looking at purchasing a property in New South Wales at an auction? This buyers guide provides a comprehensive summary of the auction process and what you should be looking out for throughout the process. It has been prepared based on our extensive experience and noting the guidance provided by NSW Fair Trading.