Buying a Property? Why You Should Have the Contract Reviewed Before You Sign

Buying a property is exciting, but it is also a significant financial commitment.

Before signing a Contract of Sale, it is important to understand exactly what you are agreeing to.

A contract review can help identify things such as:

• Special conditions that may affect you
• Finance or sale conditions
• Settlement timeframes
• Easements or other interests affecting the property
• Community or strata obligations
• Particular requirements or risks that may not be obvious at first glance

Once a contract is signed, your options to change the terms can be limited.

At 1836 Conveyancing, we review the contract from a practical conveyancing perspective and explain the important parts in plain English, so you know what you are signing and what happens next.

The takeaway: If you are unsure about anything in the contract, ask before you sign. It is much easier to address an issue before you are committed.

Have questions or need some advice? Contact us, we are always happy to assist!