Hi,
I am new here and would like to seek some advice.
I am in the process of buying a townhouse in QLD.
I read that i should be getting info on the body corporate such as the minutes of annual meeting, by laws etc to be sure abt the matters of the estate before signing the contract. However, the REA informed me that the common practice is for them to supply a disclosure statement and any other information is only obtained via the solicitor AFTER the contact has been signed. In addition, he said that if there's any issue, the cooling off period can be exercised to withdraw from the contract.
I would like to ask if this is indeed the practice in QLD or should i insist on the info before the contract is being signed. Also, is the info indeed has to go thru solicitor or can be obtained directly to the on site manager or the vendor.
thanks
TKC
I am new here and would like to seek some advice.
I am in the process of buying a townhouse in QLD.
I read that i should be getting info on the body corporate such as the minutes of annual meeting, by laws etc to be sure abt the matters of the estate before signing the contract. However, the REA informed me that the common practice is for them to supply a disclosure statement and any other information is only obtained via the solicitor AFTER the contact has been signed. In addition, he said that if there's any issue, the cooling off period can be exercised to withdraw from the contract.
I would like to ask if this is indeed the practice in QLD or should i insist on the info before the contract is being signed. Also, is the info indeed has to go thru solicitor or can be obtained directly to the on site manager or the vendor.
thanks
TKC