Does anyone out there know of a good book or web site regarding contracts and clauses that may be helpful, particularly when buying from private vendor.[confused2]
The book “Don’t Sign Anything” by Neil Jenman was useful to me.
But it’s not a legal specific book. It basically tells you all the scary tactics used by agents and what to be aware of both as a buyer and seller.
I am thinking of buying privately too preferably with vendor financing by the seller. But I’ll be leaving all the legal stuff to my solicitor. [blush2]
get a conveyancing solicitor
Live, Learn and GrowLifexperience
Hi Cyclone,
There is some info regarding clauses relevant to Queensland, here…
http://www.gmlaw.com.au/hints_wording.html
Regards,Sharon
The Real Estate Institute in your state should have standard contracts for the sale of land.
THe law society in your state may have them too.
Standard contracts in each state will vary.
The vendor cannot list a property without having drawn up a contrac with their solicitor or conveyancer. You obviously have a solicitor or conveyancer and have negotiated with the vendor so you can ask your solicitor or convenancer to include whatever you and the purchaser have agreed to, in the contract, eg, early settlement, longer settlement, inclusions, furniture to be left, but always subject to pest and building and finance. Be aware of the cooling off period after exchange. You can exchange on an agreed deposit, not necessarily 10%.
Anna
“Clauses made simple” by Rob Balanda.
I’ve found it quite useful.
Boris
“no pain, no gain!”
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