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Sellers Obligations Until Settlement

Sellers Obligations Until Settlement

The terms of the standard ADL and REIQ Contracts differ in what the requirements of the Seller are until settlement. Under the current REIQ Contract a Seller must use the property reasonably until settlement whereas the current ADL Contract provides that the Seller must maintain the property in the condition it was as at the Contract date and must hand over the property without damage and loss (subject to fair wear and tear).

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.