Once an offer has been accepted, contracts are signed and exchanged, the purchaser has a 5 day cooling off period to withdraw from the sale. This period commences on the day of exchange and expires at 5:00pm on the fifth working day following. If the purchaser withdraws from the sale during the 5 day cooling off period they still need to pay 0.25% of the …
Continue readingResidential Property
Written notice needs to be given to withdraw from the purchase within the cooling off period. The prospective purchaser will need to pay 0.25% of the purchase price to the vendor.
Continue readingUnfortunately while we are in the mood for giving and receiving, somebody is in the mood for taking. “Taking” is definitely on the home burglar’s mind as he or she views the holiday season through different eyes – eyes that are focused on your home to complete their own shopping list. Christmas is a magical time of year when family and friends come together to celebrate the …
Continue readingBefore you sell your property you will need to make sure your pool/spa is registered with the NSW swimming pool register. You will also need to have a compliance certificate, occupation certificate or certificate of non-compliance. To check if your pool or spa is compliant visit http://www.swimmingpoolregister.nsw.gov.au/ More information can be found here http://www.fairtrading.nsw.gov.au/ftw/consumers/product_and_service_safety/pool_safety/swimming_pools.page
Continue readingSelling Your Investment Property
Thinking of selling your investment property? Apart from the sales process, there are a number of tenancy related issues that investors should think of before listing the property for sale. It is extremely important that you discuss your intentions with your Property Manager so they can advise you of your legal obligations.*
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