What you need to know before signing a Contract to purchase a property
Signing the contract is a major step in the process when purchasing property. Many people overlook critical details in the contract by rushing through the sales process and failing to obtain independent expert advice.
Before signing a Contract you should always seek independent advice from your lawyer or Registered Conveyancer. Your lawyer or conveyancer will ensure you understand your rights and obligations and are fully aware of all likely fees and charges.
Prior to signing a contract, you should also ensure that you have done your due diligence on the property. Due diligence involves obtaining a building inspection report, talking to your neighbours, and making enquiries with the local council about any building restrictions on the property.
Although you may be entitled to a cooling off period once the Form 1 has been served on you, it is critical to obtain legal advice to ensure you are fully aware of your rights and obligations. Our staff at Bambrick Legal are qualified legal practitioners and therefore are not only able to help facilitate a seamless process throughout the conveyance of land but they can provide you with advice on complex legal issues that may arise.
If you are interested in purchasing a property, looking for a conveyancer or would like advice before signing your contract, please do not hesitate to contact one of our friendly staff at Bambrick Legal today:
- Call us on 08 8362 5269
- Email [email protected]
- Fill in our enquiry form here
- Visit our office at Suite 12, 15 Fullarton Road, Kent Town SA 5067
CONTACT US NOW FOR YOUR FREE NO OBLIGATION 30 MINUTE CONSULTATION!