FAQ

Cooling Off Period – Melbourne Victoria – FAQ

A purchaser of real estate in Victoria is entitled to “cool off” within 3 days of signing a contract, subject to certain conditions. On this page we will examine the cooling off right, demonstrate why cooling off is always a poor option, and explain the correct way to cool off. URGENT: Cool off NOW! What is “cooling off” What’s wrong with “cooling off” Avoiding the need to “cool off” How to “cool off” If it’s...

Continue Reading »

General Conveyancing FAQ

Welcome to our Frequently Asked Questions (FAQ) section. We have attempted to categorise FAQ according to various topics, so that you can access your area of interest quickly. See the list of topics down the left hand side of this page. General FAQ can be found on this page. We welcome feedback from our clients and visitors, so if you can suggest any further topics or questions for this section, please send your suggestion to...

Continue Reading »

Subject To Finance FAQ

When a purchaser is borrowing to purchase real estate it is essential that finance is approved before the matter proceeds. If finance is not approved at the time the contract is signed, a finance condition must be included in the contract.

Continue Reading »

Off The Plan FAQ

Off the plan is the term used to describe the purchase of land that does not yet exist as separate parcels. Imagine a large paddock, criss-crossed with lines indicating separate blocks to be divided and given individual titles.

Continue Reading »

Section 32 Vendor’s Statement FAQ

The Section 32 Vendors Statement, also known as the Vendor's Statement or Vendor Statement must be prepared by or on behalf of the vendor of real estate, and served on any person who wishes to purchase the vendor's property before the sale contract is signed. There are serious consequences for the vendor if this procedure is not followed.

Continue Reading »