What documents do I need to sell my property?
Before listing your property, you must have a contract of sale prepared by a solicitor or conveyancer. It must include a title search, zoning certificate, and any council approvals for past renovations or modifications.
What happens when I accept an offer?
Once you accept an offer, contracts are exchanged, and the buyer pays a deposit (typically 10%). If the sale is not at auction, thebuyer usually has a five-day cooling-off period to withdraw, though they maylose a portion of their deposit if they do.
How does settlement work?
Settlement typically takes place six weeks after contract exchange. During this time, your conveyancer ensures all outstanding fees (such as mortgage repayments and council rates) are cleared. On settlement day, the buyer’s funds are transferred, and ownership is officially handed over.
