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  1. Peter_Tersteeg

    multiple offers in QLD legal Q?

    Not really. Under these conditions you can withdraw if you're declined finance or if there are B&P issues, but you can't back out using this because you no longer want the property. There has been a few cases where people backed out because they were told they wouldn't be eligible for...
  2. Peter_Tersteeg

    multiple offers in QLD legal Q?

    You probably wouldn't want to rely on the cooling off period. As you suggest it would cost a bit. I'd treat it as a backup plan. Put the expiry clause in the special conditions of the contract. I don't know if putting it in an email is legal or not, but better in the actual contract. The...
  3. Peter_Tersteeg

    multiple offers in QLD legal Q?

    You can make multiple offers. As soon as one is accepted, send an email to the agent to withdraw the others. It's also worthwhile to put a sunset clause in your offers (this offer will expire by x date or sooner by email notification). Most states also let you exit a contract under a...
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