Blog - Pearson Chambers Conveyancing

Your three clear business days are nearly gone, but the bank valuation, building report or contract advice you were waiting for still hasn’t arrived. Asking for more time can be sensible, but the request itself doesn’t stop the cooling-off clock.The short answer:... Read More

Settlement is close, your finance is ready, and the moving boxes are already stacked, but the Victorian duty transaction is still waiting for manual assessment. That unfinished tax step can stop an otherwise ready purchase from settling on the date in the contract.The short answer:... Read More

We get this question from Melbourne buyers who signed after a busy inspection, then felt uneasy while the contract was still with the agent. The gap between signatures can feel like a legal waiting room.The short answer: A Victorian buyer can generally withdraw a writ... Read More

An 'as is, where is' clause generally tries to make you accept the property in its present state and rely on your own inspections, but its effect depends on the complete wording and the rest of the contract. It cannot contract out of Victoria's Section 32 disclosure scheme or permit a vendor or a... Read More

A Victorian buyer can generally withdraw a written offer at any time before the seller accepts it. Once the seller has accepted, usually by signing the Contract of Sale, withdrawal and cooling off become different questions: an eligible private sale buyer generally has three clear business days f... Read More