The process of selling a residential house in Cairns is more complex than you may think.
You may not realise that you have specific legal obligations as a seller, imposed by the REIQ (Real Estate Institute Queensland) contract, which you have to undertake between contract execution and completion.
If these obligations are not strictly adhered to, your buyer may be able to terminate the contract. This not only leaves you without a buyer, but in some cases, you might be forced to accept a lower sale price for your property in a subsequent contract.
We have seen sellers lose tens of thousands of dollars in otherwise preventable circumstances, simply because they failed to consult with a conveyancing solicitor to properly understand their contractual obligations.
Don’t come to us after the damage is done. Over 30 years, our team has acted for sellers in excess of 10,000 residential home sales in and around the Cairns area. With this experience, you can be sure that we have you your house covered.
If you are about to enter into a Contract to sell your property or you have already signed a Contract,…
In REIQ Contracts (which are almost exclusively used in Queensland), time is of the essence except regarding…
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