Electronic contracts and electronic signatures are generally accepted
as giving rise to binding contracts at law, where used appropriately. E-commerce is supported by the Electronic Transactions Acts in all States and Territories, however electronic contracts arise and are
binding even without the support of these laws.
When purchasing a property in the ACT, every Buyer is entitled to a “Cooling Off Period”.
A Cooling Off Period is exactly what is says on the box: a time for the Buyer to cool off and think about whether they want to (and can) proceed with the purchase of a property, once Contracts for Sale have exchanged.
Property in the ACT is owned and leased by the Commonwealth under the management of the ACT Government. Property operates under long term leases called ‘Crown leases’ which are typically granted for 99 years.
Adjustments refers to the ‘splitting’ of the costs of certain land charges on a property, such as rates, land tax, water charges and body corporate levies. The process ensures that neither the Buyer nor Seller are paying
for these charges when they did not own the property.
Contracts for Sale of Residential Property must contain certain documents and provisions to be valid. This quick checklist will give you a head start on your next deal.
Selling a property at auction is an exciting process. While you are styling and preparing your home to attract the best possible auction day bidders, let Morris Legal Group prepare your contract and coordinate with the bank for settlement. When the hammer drops, you'll be ready to pop (the champagne)!
Pile up the moving boxes, you are ready to sell your property! Showcase your home with your agent while Morris Legal Group prepare your sales contract. Your agent will let us know when you receive the perfect offer and we will coordinate with the buyer and organise your bank to settle. We will make the settlement process a breeze so you can enjoy the first day of the rest of your life.
Buying a house and land package is all about understanding your budget, knowing what you want out of your house plan and specification and selecting a good builder. You may be eligible for the ACT stamp duty concession or the NSW first home owner grant. Let Morris Legal Group guide you through the details and important dates. We will follow you through the build and be on hand for every stage of construction.
Buying a property at auction is thrilling. Check to see if you are eligible for the ACT stamp duty concession or the NSW first home owner grant. Get finance pre-approval before bidding at auction and make sure you inspect the property with a builder, especially if it is a renovator's dream. Don't forget to plan the housewarming party!
Buying a property by private treaty will be a big decision. Make a budget, get finance pre-approval and allow for stamp duty. Always get the contract reviewed by Morris Legal Group before making an offer. Once your offer is accepted come in and see us to discuss the deal, sign the contract and pay your deposit to the agent. Post-settlement, rates, land tax and water will transfer to you automatically.
The off the plan journey can be a long term commitment but its a rewarding one. Morris Legal Group has extensive industry experience and can walk you through the process start to finish. Make sure you research your developer's reputation and select your favourite scheme. Once we have reviewed your contract, you are ready to follow the construction and watch your dream home come to life!
Complete your Wills Fact Finder and return to us to book your complimentary estate planning strategy session.