Everything You Need To Know About Legal Contracts
The Contract includes a number of technical and legal contracts terms that have been considered by the Courts and may be specific to Queensland conveyancing. Contracts can change the meaning of words and phrases from what they may ordinarily mean which can lead to misunderstanding, miscommunication, and loss. We, therefore, provide the below explanation. Please contact us if you are unsure of any of the Contract’s terms. Nature of Contract The lot you intend to buy will not exist at the time that you enter into the Contract which makes this transaction different from the conveyance of an existing lot. You should be aware of the following: The standard REIQ contract is not suitable for the sale of Lots “off the plan” and instead an “off the plan” form of legal contracts and disclosure statement has been prepared by the Seller’s solicitors for the sale of the Lot. If this is not the case, we have outlined this in our Contract and Property Report...