How & when do I arrange a contract of sale in Australia | Real Estate Tips – No Agent Property
Transcript: The Contract of Sale is a legally binding agreement between a seller and a buyer. A Contract of Sale is different to a ‘Vendor Statement’ but, more often than not, they are combined in one document to provide to interested buyers.
It is best to use a local conveyancer or solicitor who has standard documentation available, which is then customised to suit your particular sale.
Each state in Australia has their own individual rules and way of presenting a Vendors Statement. This is why it is best to use a local conveyancer or solicitor.
Also ask for a soft copy, as buyers may request this.
It is best to organise the contract of sale as soon as possible so that when you do get an interested buyer you can get them to sign the contract the same day.