The contract of sale is the foundation of any property transaction. A poorly drafted contract can lead to disputes, financial loss, or even legal action. Accurate contract preparation is vital for protecting your rights and interests.
What a Property Contract Includes
- Buyer and seller obligations
- Settlement dates and conditions
- Special inclusions or exclusions (e.g., fixtures or appliances)
- Finance or loan contingencies
- Legal disclaimers and compliance statements
How We Prepare Contracts
- Drafting legally sound agreements tailored to your transaction
- Ensuring clarity in obligations and rights
- Reviewing current property laws for compliance
- Minimizing risks by highlighting critical clauses
Example: Suppose a contract does not specify that a built-in dishwasher is included. Disagreements could arise during settlement. Our detailed contract preparation ensures such items are clearly listed.
Benefits of Proper Contract Preparation:
- Reduces disputes and misunderstandings
- Speeds up the settlement process
- Provides legal certainty and peace of mind
Step-by-Step Contract Preparation:
- Collect property and personal information
- Draft contract with all terms clearly defined
- Review for legal compliance and risk management
- Send draft for client review and approval
- Finalize contract for signing
