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Need to know

Get a handle on the basics. We’ve put together a list of essential reading so you can get all the most important facts quickly.
Buying or selling property and land, this is a great place to start.

Deposit information – QLD
Deposit information – QLD

A deposit is paid by you when you purchase a property. In Queensland, this can be any amount from NIL to 10% of the purchase price and the total amount may be split into an initial and balance deposit. The deposit will be held by the deposit holder noted on the...

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Deposit information – NSW
Deposit information – NSW

A deposit is paid by you when you purchase a property. In New South Wales, this is 10% of the purchase price unless otherwise agreed between you and the seller. The deposit will be held by the deposit holder noted on the contract (this is the agent or seller’s...

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Deposit information – VIC
Deposit information – VIC

A deposit is paid by you when you purchase a property. In Victoria, the standard deposit is 10% of the purchase price (negotiable) and the total amount is often split into an initial and balance deposit. The deposit will be held in the trust account of seller’s real...

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Cooling Off Information – QLD
Cooling Off Information – QLD

A cooling off period gives you time to cancel the contract if you change your mind. In Queensland, the period is 5 standard business days and starts when you or your representative receives the contract signed by both you and the seller. You can choose to waive your...

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Cooling Off Information – NSW
Cooling Off Information – NSW

A cooling off period gives you time to cancel the contract if you change your mind. In New South Wales, the period is 3 clear business days and starts when the contracts have been exchanged. You can choose to waive your right to cool off or to shorten the period. If...

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Cooling Off Information – VIC
Cooling Off Information – VIC

A cooling off period gives you time to cancel the contract if you change your mind. In Victoria, the period is 3 clear business days and starts when you sign the contract (not the date the seller co-signs). Clear excluding the day you sign. Business days excludes...

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