CONTRACT:

– Must be prepared before any advertising

– Must contain certain documents, which we will arrange for you

EXCHANGE OF CONTRACTS:

– The time when both parties are bound by the terms of the contract

COOLING OFF PERIOD:

-The purchaser may have a 5 day period in which to cool off (withdraw from the contract)

– The purchaser forfeits to the vendor 0.25% of the sale price if the cooling off is invoked,

– The vendor does not have a cooling off period

– There is no cooling off period in a sale at auction

DISCHARGE OF ANY MORTGAGE:

– We will liaise with your lender to arrange the discharge of any mortgage and the payout of any loan.

SETTLEMENT:

– There are several other matters to attend to before settlement, which your CPC will handle

– Normally the property must be vacated by the settlement day

– Final payment is made and possession is given on settlement day