Finance clause in QLD

[TILT]

Does a subject to 14 days finance clause in Qld include weekends and public holidays? Or is it just working days?

 

[Peter_Tersteeg]

Does it say "Fourteen days" or "Fourteen business days"?

 

[Terry_w]

it will depend on the wording

"10 days" would be 10 calender days
"10 Business days" would exclude holidays.

Just be clear when entering the contract

 

[TILT]

I put14 days. Forgot about public holidays. Can i add them on?

 

[scha9799]

Just ask the agent to change it and you sign the new contract.

 

[Terry_w]

I put14 days. Forgot about public holidays. Can i add them on?

It depends on what stage it is up to. If you have both signed then the contract would be binding, but you could change the terms with consent.

 

[Darlogus]

May be easier to just ask the agent to speak to the vendor and organise a few days extension due to public holidays. They will know its a genuine request and if the agent is half decent will work to get it done. This will save new contracts being done.

 

[GreyGhost]

Need to stipulate "business days"....

 

[RPI]

If already signed then your solicitor to do it.

Tactically you should wait till 4pm on the last day of the due date. It is not a deeming clause in qld so you can still terminate the next day. The seller has put more time into the transaction at that stage and less likely to say no.