Understanding the Consequences of Withdrawing from a Property Deal Withdrawing from a property deal can be a complex process, particularly once a contract of sale has been executed. This contract is legally binding, and terminating it can lead to significant financial and legal repercussions. The situation becomes even more intricate […]
Understanding the Cooling Off Period in Property Transactions The cooling off period is a critical aspect of property transactions that provides buyers with a designated timeframe to reconsider their purchase. Typically lasting a few days, this period allows buyers to cancel their contract with a specified fee, which varies by […]
At eConvey, we believe in empowering our clients with knowledge. One of the key aspects of property transactions in Victoria is the cooling-off period. Let’s delve into what it means and how it works. What is the Cooling-off Period? In Victoria, the cooling-off period is a specific timeframe during which a […]