The Cooling Off Period for a Property Purchase

The following flow chart outlines the main steps involved after your offer has been accepted by a Vendor for the purchase of a house of unit.s

Cooling Off Period Process

It is significant that all necessary due diligence be carried out prior to Contracts becoming unconditional between you, as the Purchaser, and the Vendor. Otherwise, should you rescind Contracts after this time you will forfeit at a minimum the full 10% deposit of the purchase price.

For all your property legal requirements contact:
Aldren Conveyancing Services – Northern Beaches
Phone:      (02) 9984 8840
Fax:           (02) 9984 8850
Mobile:     0422 011 434

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