Many buyers and sellers make the mistake of signing contracts without fully understanding them. Property contracts are legally binding documents containing complex clauses and conditions.
Risks of Not Reviewing Contracts
- Unintended obligations or liabilities
- Hidden fees or conditions
- Restrictions on property use
- Legal disputes or financial loss
How We Review Contracts
- Examine every clause to identify risks
- Explain legal terms in plain English
- Advise on any amendments needed before signing
- Ensure alignment with your goals and interests
Example: A contract may allow the seller to occupy the property for an additional week after settlement. Without careful review, this could delay your moving plans. Our review process highlights such clauses.
Benefits of Contract Review:
- Avoid legal disputes
- Ensure you fully understand obligations
- Protect your financial and legal interests
Step-by-Step Contract Review:
- Receive contract from seller or agent
- Conduct thorough clause-by-clause analysis
- Identify risks and recommend changes
- Provide detailed explanation to client
- Confirm client approval before signing
