Insurance and Risk - QLD

When does the risk transfer to the buyer?

The property is at the buyer’s risk from 5pm on the first business day after the contract date. However, you should maintain your insurance until settlement is confirmed to protect against potential losses.

Disclaimer: Every property transaction is different, and the information provided may not be relevant to your circumstances. By using this site you agree that the information provided is for general purposes only and does not constitute legal, financial, or professional advice.

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