WHAT DOES A CONTRACT OF SALE INCLUDE?
The names and addresses of the vendor and purchaser
Whether the property is available as “vacant possession” or “subject to a lease”
The address of the property
The sale price
The date of the property settlement and any conditions such as finance or additional inspections
Inclusions and exclusions, or what’s often called the “chattels list” covering items such as fixtures and fittings and carpets etc.
The deposit amount and due date
Any other property that is being sold as part of the deal
EACH STATE HAS DIFFERENT
CONTRACT OF SALE REGULATIONS
The Bond Conveyancing team is experienced at understanding the different contract of sale rules and regulations for each state.
For example, in VIC, NSW, ACT and SA it is mandatory to have a contract of sale in place before you list. In QLD, WA, TAS and NT a Contract of Sale is required before you accept an offer from a buyer.
Conveyancing Loop recommends that you prepare your Contract of Sale before you list. This helps prospective buyers understand the terms and conditions upfront and avoids delays with progressing to the offer stage.
CONTRACT OF SALE & CONVEYANCING PRICING
Conveyancing costs can differ on a state-by-state basis due to the different legal requirements each state or region may have. They can also vary depending on a seller's individual circumstances. Based on this, you’ll be provided itemised quote after a free consultation.
SALE CONTRACT & CONVEYANCING PACKAGE INCLUSIONS
WHAT'S INCLUDED
Conduct all required legal enquiries
Obtain all necessary certificates concerning the property
Prepare all transfer documents to complete the settlement
Prepare all Duties Online transfer forms as legally required by State Revenue and Land Titles Offices to complete the settlement
Advise you on all statutory Government fees and charges where applicable to your circumstances
Attend to all pre-settlement tasks and arrange and attend settlement on your behalf
Liaise with your chosen lender and/ or broker (if applicable) to prepare for settlement
All correspondence and attendances and advice to you generally relating to all the above bullet points
An outline of any potential additional costs such as disbursements or additional legal advice.
NEED YOUR CONTRACT OF
SALE FAST?
It typically takes around two weeks to prepare a Contract of Sale.
It you need it fast, you’re in luck. Your Contract of Sale can be fast-tracked for an additional fee.
Please let us know your urgency at the time of purchasing your Contract of Sale.
Estimated fast-tracking fees
$ 120–$150*
*Includes GST
GOT QUESTIONS ABOUT THE CONTRACT OF SALE?
We’ll happily answer them for you