Before you can advertise your property for sale, either privately or with a real estate agent, you will need to have a Contract for Sale prepared. 
 
Quay Conveyancing's property conveyancer assists with preparing a Contract for Sale that meets all legislative requirements and protects your best interests throughout the process. 

When a buyer agrees to purchase your property, the first step in the process is called the Exchange of Contracts.  At the time of exchange, the Vendor (Seller) is committed to the sale, however the buyer may have rights under a cooling-off period. In NSW, you have a 5-business day cooling-off period after you exchange contracts. The cooling-off period starts as soon as you exchange and ends at 5 pm on the fifth business day after the day of exchange. For example, if you exchange contracts at 10am on Tuesday, the cooling-off period will end at 5pm on Tuesday the following week. During this period the seller is not permitted to sell the property to any other buyer during the cooling-off period. During this five day cooling-off period, the buyer has the opportunity to determine whether to continue with the purchase of the property or to withdraw from the contract. It is important to understand that Cooling-off periods can also be negotiated. 
 
The property settlement process in New South Wales is the final stage of the transaction, and the transfer of ownership is initiated. Settlement most commonly takes place 42 days (six weeks) after the exchange of Contracts however sometimes this period can be shorter or longer. 

Whether buying or selling in Blacktown, Penrith, Parramatta, Liverpool, Quakers Hill, Rooty Hill, Mount Druitt, Hills Dristrict or surrounding areas, Quay Conveyancing will provide you with expert advice.