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For Sale By Owner Offer Contract Generator for Australia

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Key Requirements PROMPT example:

For Sale By Owner Offer Contract

"I need a For Sale By Owner Offer Contract for my 3-bedroom house in Brisbane, with settlement scheduled for March 15, 2025, including special conditions for my existing tenants who have a lease until May 2025."

Document background
The For Sale By Owner Offer Contract is designed for use in Australian property transactions where sellers choose to manage the sale of their property independently, without engaging a real estate agent. This approach can potentially save on agent commissions while giving the seller more direct control over the sale process. The document includes all necessary legal provisions required under Australian property law, including property details, purchase terms, conditions of sale, warranties, and settlement requirements. It's particularly useful for sellers confident in managing their own property transactions and buyers comfortable dealing directly with property owners. The contract ensures compliance with relevant state and federal legislation while protecting both parties' interests throughout the transaction.
Suggested Sections

1. Parties: Identification and details of the seller and buyer, including full legal names, addresses, and contact information

2. Background: Context of the sale, including brief property description and intention to enter into a sale agreement

3. Definitions: Definitions of key terms used throughout the contract

4. Property Details: Complete legal description of the property, including lot number, title reference, and street address

5. Purchase Price: The agreed purchase price and payment terms, including deposit details

6. Settlement: Settlement date, time, and location details, including processes and obligations

7. Property Inspection: Terms regarding property inspection rights and conditions

8. Title and Transfer: Provisions regarding clear title and the transfer process

9. Seller's Warranties: Warranties provided by the seller regarding the property's condition and title

10. Buyer's Warranties: Warranties provided by the buyer regarding financial capacity and authority to purchase

11. Default and Termination: Consequences of default and conditions for contract termination

12. Notices: How and where formal notices under the contract must be given

13. General Provisions: Standard contract terms including governing law, entire agreement, and amendment provisions

Optional Sections

1. Finance Condition: Include when buyer requires finance approval; specifies finance amount, lender requirements, and approval timeframe

2. Building and Pest Inspection: Include when sale is conditional on satisfactory building and pest inspections

3. Swimming Pool Compliance: Include when property includes a swimming pool, addressing compliance requirements

4. Tenancy Details: Include when property is sold with existing tenants, addressing lease arrangements

5. Foreign Investment Approval: Include when buyer is a foreign person requiring FIRB approval

6. Special Conditions: Include when there are unique circumstances or specific agreements between parties

7. Chattels and Exclusions: Include when specific items are included or excluded from the sale

8. Development Approval: Include when property has pending or approved development applications

Suggested Schedules

1. Schedule 1 - Property Inventory: Detailed list of all inclusions and fixtures being sold with the property

2. Schedule 2 - Property Disclosure Statement: Seller's disclosures about property condition, defects, and known issues

3. Schedule 3 - Special Conditions: Detailed special conditions if applicable to the sale

4. Schedule 4 - Property Certificate: Copy of property certificate showing title details and encumbrances

5. Appendix A - Property Plans: Floor plans, land surveys, or other relevant property plans

6. Appendix B - Compliance Certificates: Copies of relevant compliance certificates (pool, building, etc.)

7. Appendix C - Current Lease Agreement: If property is tenanted, copy of current lease agreement

8. Appendix D - Payment Schedule: Detailed breakdown of payment terms and scheduling

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



































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Relevant Industries

Real Estate

Property Development

Legal Services

Financial Services

Construction

Property Management

Insurance

Banking

Relevant Teams

Legal

Property Management

Conveyancing

Real Estate Operations

Mortgage Services

Settlement

Compliance

Risk Management

Documentation

Relevant Roles

Property Owner

Property Buyer

Conveyancer

Property Lawyer

Legal Counsel

Mortgage Broker

Bank Manager

Property Valuer

Building Inspector

Pest Inspector

Title Searcher

Settlement Agent

Property Manager

Legal Administrator

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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