For many of us, the biggest investment we will make will be the purchase of property including our own home.
It is critical to get legal advice before signing any contract for the purchase or sale of your property.
The contract needs to reflect your wishes and desired outcomes for both parties.
Only recently we had the privilege of assisting a young couple in advising them on the terms of their contract to purchase their first property before they signed it.
Our clients were referred to a Solicitor for advice on the contract and were apparently advised to simply "sign the contract and we will sort it out later", without properly discussing and considering with the clients their current circumstances.
Dissatisfied with that advice, the clients spoke with us and it was only after speaking with us that the clients realised the contract and timing of the transaction under the contract did not meet with their own personal circumstances, and in fact the contract terms did not protect their interests at all.
Our clients were apparently advised to simply "sign the contract and we will sort it out later"
Entering into the contract and "sorting it out later" could have resulted in financial ruin for our clients.
At Chris Sheath & Associates we do not charge extra for the review of a contract for purchase or sale of a house before it is signed. We see it as a critical step in assisting and advising our clients to achieve their desired outcomes. Failing to obtain appropriate legal advice can have disastrous consequences on all parties to the transaction.
If you are looking to buy or sell a property, it is critical that you seek legal advice before signing the contract.
Our caring team of professionals with more than 60 years combined experience in property and conveyancing matters would be delighted to assist you with regard to your purchase or sale.
"At Chris Sheath & Associates we do not charge extra for the review of a contract for purchase or sale of a house before it is signed. We see it as a critical step in assisting and advising our clients to achieve their desired outcomes."
Written by Chris Sheath, Director of Chris Sheath & Associates Solicitors