Buying or selling a property can be an overwhelming decision. You might be purchasing your dream property or intending to sell off an investment which represents your nest egg. Drafting a contract relating to a buy or sell transaction is not an easy job as the contract forms the basis of transfer of property.

Overlooking small contractual changes or missing important deadlines can result in you paying hugely in your time and money. If you’re considering undertaking a property transaction, it is a good idea to keep the following 10 conveyancing common contract mistakes in mind as you get started. By avoiding these common pitfalls, you can maximise your profits.

If you have any queries in relation to conveyancing and contractual negotiations or would like to speak to one of our legal experts, please feel free to contact our legal experts on 1800 770 780.