Clause Search Results

cooling off period australian capital territory in Australian Capital Territory property contracts

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#1Australian Capital TerritoryCritical RiskStrong match

Cooling-off Period

Understanding the Cooling-off Period in your Australian Capital Territory Property Contract

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#2New South WalesCritical RiskStrong match

Cooling-off Period

Mastering the Cooling-off Period in a New South Wales Property Contract

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#3VictoriaCritical RiskStrong match

Cooling-off Period

Navigating the Cooling-off Period in Victoria Property Contracts: What Buyers Need to Know

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#4QueenslandCritical RiskStrong match

Cooling-off Period

Cooling-off Period in QLD REIQ Contracts: Your 5-Day Exit Window

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#5South AustraliaCritical RiskStrong match

Cooling-off Period

Understanding the Cooling-off Period in your South Australia Property Contract

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#6TasmaniaCritical RiskStrong match

Cooling-off Period

Navigating the Cooling-off Period in Tasmania Property Contracts: Essential for Buyers

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#7Northern TerritoryCritical RiskStrong match

No Cooling-off Period (NT)

Understanding the No Cooling-off Period (NT) in Northern Territory Property Contracts

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#8Western AustraliaCritical Risk

No Cooling-off Period (WA)

Navigating No Cooling-off Period (WA): What Western Australia Property Buyers MUST Know

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#9Australian Capital TerritorySpecial Clauses

Sunset Clause

Understanding the Sunset Clause in your Australian Capital Territory Property Contract

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#10Australian Capital TerritoryTitle & Due Diligence

Title Search

Understanding the Title Search in an Australian Capital Territory Property Contract

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Search Summary

Found 54 relevant pages. The strongest matches explain what “cooling off period australian capital territory” means, where the buyer risk sits, and how the clause plays out in real contracts.

Frequent Risk Signals

• Forfeiture of Funds: If you choose to rescind the ACT Contract during the cooling-off period, you must forfeit 0.25% of the purchase price to the seller.
• The 5:00 PM Deadline: The right to cool off expires exactly at 5:00 PM on the fifth business day after the day of exchange; failing to notify the seller in writing before this moment makes the contract legally binding.
• Auction Exclusion: There is absolutely no cooling-off period if you buy at auction or exchange contracts on the same day a property is passed in at auction, representing a significant buyer's risk.
• Section 17 Waivers: A seller may require you to provide a "Section 17 Certificate" signed by your lawyer, which waives your cooling-off rights entirely to ensure the sale is unconditional from the start.
• Business Day Calculations: Public holidays in the Australian Capital Territory and weekends are excluded from the five-day count, which can lead to confusion and missed deadlines if not calculated correctly by your solicitor.
• Limited Protection: While the cooling-off period allows you to exit, it does not protect you from the costs of building reports, pest inspections, or legal fees already incurred during the process.