When you are buying or selling residential property in Victoria, you will sign either an unconditional contract of sale or a conditional contract of sale. An unconditional contract is legally binding immediately upon signing, meaning both parties are obligated to complete the contract by settling on the due date. For properties sold at public auction, […]
There are many things you need to consider when purchasing a property, whether that is the style of the house, its location, the bank in which you will be obtaining a loan through, or your offer terms. Stamp duty, more formally known as land transfer duty, is one such factor, as it can play an […]
Whether you are a first home buyer or hunting for another investment property, understanding the Contract of Sale you are about to sign and the accompanying Section 32 Vendor Statement is just as important for your pre-purchase due-diligence as inspecting the property is. The Contract contains more than just the agreed terms of your offer. […]
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