BUYING AT AUCTION?
Auctions can be both exciting and intimidating events to attend, particularly if you have your heart set on being the successful bidder. At Ozpropertylaw.com® we can help you prepare for the auction of the property you want by reviewing the Contract for you prior to the auction.
If you can let us have the Contract at least 48 hours prior to the auction day, we will review the Contract and let you have our written legal advice. Our usual charge for this service is $220.00 plus GST, depending upon the complexity of the contract. We ask clients wishing to use this service to register on our website as if they are making the purchase. We then review the Contract, which you or the agent has forwarded to us. If you are successful at auction, we wrap our charge for reviewing the Contract into our conveyancing costs, which means it will cost you no more than our regular conveyancing cost for the purchase. If you are unsuccessful at auction, we would then charge only for the cost of reviewing the contract.
As our website requires you to pay $350 as a retainer for our services on registration, we will refund to you the unused portion if you do not buy the property at auction.
If you require any other information, please contact us on 1300 136 386.
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