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Insurance

Insurance – when should a Buyer obtain insurance The standard conditions of a residential REIQ contract of Sale states ‘The Property is at the Buyer’s risk from 5:00pm on the first Business Day after the Contract Date’. Therefore, we recommend that the Buyer obtains an insurance policy as soon as possible after executing the contract. […]

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Special Conditions

There is a lot to consider when purchasing your first home, a family home or an investment property. It is a major financial decision and both the Buyer and Seller needs to be aware of their circumstances and needs. It is important that both parties obtain pre-contractual advice and negotiate with the other party in

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Finance Condition

If the REIQ contract is subject to finance, the Buyer is required to take all reasonable steps to obtain finance approval.​ Buyers must be aware that the Courts have held that if a Buyer terminates a contract under the grounds of failure to obtain finance, evidence must be provided that all reasonable steps were taken

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