Cooling Off Period For Vendors Victoria . Understanding the Coolingoff Period in Victoria eConvey This period provides you with the time to reconsider your decision after signing a property purchase contract, allowing you to change your mind if necessary. A cooling-off period of three clear business days applies to private sales of residential and small rural property sales
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In Victoria, the period is 3 clear business days and starts when you sign the contract (not the date the seller co-signs). Before purchasing property in Victoria, it's crucial to fully understand your rights, especially when it comes to the cooling-off period
What is the cooling off period? Crest Property Investments A cooling off period gives you time to cancel the contract if you change your mind In Victoria, property buyers have a valuable consumer protection called the "cooling-off" period Cooling off or cool off is where the cooling off period is used to cancel a real estate contract
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