 It is becoming increasingly common for real estate agents to include a special conditions requiring the buyer to pay the balance commission at settlement when the deposit doesn't cover the agent's full commission. However, unless the terms satisfy specific and narrow elements, they are not worth the paper they're written on, they're completely unenforceable.
5 Comments
 More and more buyers and sellers are signing their property contract electronically, with DocuSign being the most common tool being used. If not done properly there can be serious consequences including the contract being void.
If you are selling a property worth $750,000 or more, the Buyer may be required to pay 12.5% (or a lesser amount) of the purchase price to the ATO unless you comply with new laws. Failure to do so can have serious consequences.
If you are buying a property worth $750,000 or more, you may be required to pay 12.5% (or a lesser amount) of the purchase price to ATO unless the Seller complies with new laws. Failure to do so can have serious consequences.
 If you are selling a property worth $750,000 or more the Buyer may be required to pay 12.5% of the purchase price to the ATO unless Sellers comply with new obligations under new laws and the Standard Contract.
|