Cooling-Off Period

Learn the essential distinction between a Queensland contract deposit paid to a trust account and an equity deposit required by mortgage lenders.

Key questions to ask before signing a Queensland property contract, covering finance, inspections, body corporate, settlement and cooling off.

What happens if finance falls through after signing a Queensland property contract, how the standard finance clause and notice deadline work, and why acting early matters.

What Queensland buyers need to prepare before bidding at auction, including finance readiness, building and pest checks, contract review, deposits, and why cooling-off does not apply.

What happens under Queensland law if a property is damaged between contract and settlement, when risk passes to the buyer, and what to do if damage occurs before you get the keys.

What a Queensland building and pest inspection generally checks, its limitations, warning signs worth taking seriously, and what buyers can observe themselves before paying for a professional inspection.

What Queensland's seller disclosure scheme requires sellers to provide, what it does and does not cover, and what buyers should do if something looks missing or unclear before signing.

A practical, Queensland-focused checklist for what to check before you make an offer on a property, what to check yourself, and what needs a licensed professional.

How Queensland's statutory 5 business day cooling-off period works, how to cancel a contract, the termination penalty, and when it does not apply.

What a building and pest inspection actually covers in Queensland, who is licensed to carry one out, and what it does not guarantee.