Browse Forums Buying Land Re: Signing contract for vacant land prior solicitor review 4May 17, 2017 4:25 pm faykis We put down an offer for a vacant land. The vendor is asking to sign the contract tomorrow prior being reviewed by our solicitor. The Realestate agent said that our solicitor can review contract afterwards and if any issue arises, we can cancel it within the 10 days cooling off period. he was saying this is a common practice in Marsden Park area. Does it sound fishy? Or is it a normal practice? Hi, Is the land registered or off the plan? If the deposit is refundable sure sign the contract with a cooling off period of 5 to 10 business days if you change your mind. However if the deposit is not refundable the vendor solicitor should be able to send an electronic copy of the contract to your solicitor. I deal with a lot of land purchases so my caution is the devil is in the details of the contract. Kind Regards, Bruce "Building an Eden Brae Waldorf 50 in North Kellyville" Blog: http://waldorf50.blogspot.com.au A Mobile Solicitor at Wong & Horta Lawyers Website: http://www.whlawyers.com.au Re: Signing contract for vacant land prior solicitor review 6May 17, 2017 4:46 pm faykis Thanks Wongbruce its a registered lot in Greenway Living Colebee If it's registered a contract should be made available prior to signing. Kind Regards, Bruce "Building an Eden Brae Waldorf 50 in North Kellyville" Blog: http://waldorf50.blogspot.com.au A Mobile Solicitor at Wong & Horta Lawyers Website: http://www.whlawyers.com.au The worst thing you can do is sign a building contract without a pre contract review. Over the years many people have come to me with disputes where they just signed… 0 8351 i thought the flipped plan initially but bec i want narrow pathway from entry to dining (dont like bend), also cannot fit the… 7 17286 It is true that a builder can ignore your independent inspection report as it is not part of the contractual arrangement but that is stupid because he cannot avoid fixing… 9 46872 |