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Damage or Destruction to Property

Damage or Destruction to Property

Following recent highly destructive weather events the question arises as to what the rights of a Buyer are when a property is damaged due to a weather event? It is important to remember that under the terms of the Queensland REIQ Contract the property is at the Buyer’s risk from 5pm on the first business day after the Contract is signed. Pursuant to the terms of a standard REIQ Contract time is only suspended where a party is unable to perform its settlement obligations because of a natural disaster.

We want to assure everyone that here at Ownit Conveyancing we are ‘business as usual’ and that we will always here to help.

We are here to help. Please contact our office should you require any assistance. See also: OWNit Conveyancing frequently asked questions.

We believe the success of our business comes from treating you as an important business associate and providing you with as much support as possible in dealing with your clients. This means providing you with the highest level of service, efficient turnaround of contracts, and quick, hassle-free responses to your individual needs.

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To learn more about when the owner of a property has passed away, contact OWNit Conveyancing on 1300 553 750.