What if there is a tenant in the property at settlement?
The standard REIQ Contract terms provide that if the Tenancies section of the Contract is not completed and the tenancy is not noted in the Contract then the Seller must provide the Buyer with vacant possession of the property at settlement.
TIP: Where there is a tenant in the property that is to remain in the property following settlement it is extremely important that the tenancy is noted in the Contract.
Buying your first home just got a little easier!
We are here to help. Please contact our office should you require any assistance.
Check out OwnIt conveyancing Queensland offices near you:
- Conveyancing Brisbane
- Conveyancing Gold Coast
- Conveyancing Sunshine Coast
- Conveyancing Beenleigh
- Conveyancing Logan
- Conveyancing Springfield
- Click here https://ownitconveyancing.com/conveyancing/#suburbs to view all locations
To learn more about Pre Settlement Inspection today, contact OwnIt Conveyancing on 1300 553 750.