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Paying the Initial Deposit on time

Paying the Initial Deposit on time

Q-    Did you know that if the buyer pays the initial deposit late, the seller can terminate any time up to settlement? 

A-    The last thing anyone wants is the contract to fall over at the last minute due to the deposit being paid late. Whilst all parties want the buyers to pay the initial deposit quickly, having it fall due on the day the contract is signed can often lead to late payments as a result of delays with getting the fully executed contract back to the buyer and their solicitor.

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

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.