What happens to Contract dates over the Christmas period?
The standard REIQ Contract terms provide that if any critical date falls on a non-business day then the date moves to the next business day. This means that any date that falls between the 27th to the 31st of December will move to the next business day of 2nd of January, 2020.
The same rule does not apply for the Cooling Off period which will still fall during the period of the 27th to the 31st of December and it is possible that both the real estate office and solicitors offices will be closed!
We are here to help. Please contact our office should you require any assistance.
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To learn more about Contract Dates over the Christmas Period today, contact Ownit Conveyancing on 1300 553 750.