Cooling Off Advice

By: McKay Business Services  21-May-2012
Keywords: Residential Real Estate, Residential Property, Conveyancing Services

As a purchaser you may be entitled to a “cooling off” period. If for any reason you decide against proceeding with a contract for the purchase of property you must serve the “cooling off” notice within 2 working days after receiving the Vendor’s Statement (also known as the Form 1) which is normally given to purchasers by agents when the contract is signed. A “cooling off” period does not apply to purchases made at auctions or where the purchaser is a company.

Keywords: Conveyancers, Conveyancing Services, Registered Conveyancer, Residential Property, Residential Real Estate, Settlement Specialists

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