Australian Property Contract Analysis
Don't sign what you don't understand. Upload your property contract and get a report with key clauses explained, what matters and what to clarify with your solicitor to avoid costly surprises.
A comprehensive, easy-to-understand report covering everything you need to know before your solicitor meeting.
Key details at a glance: price, deposit, settlement date, and cooling-off period.
Top clauses you need to review carefully before signing.
Plain-English explanations of all special conditions in your contract.
Unusual items and potential concerns you should confirm.
Practical, contract-specific questions to ask during your meeting.
Whether you're buying your first home or your tenth investment property, we help you understand your contract.
Navigating your first property purchase
Adding to your portfolio
Purchasing vacant land
Buying before construction
See how we highlight costly clauses that solicitors often gloss over.
Purchase Price
$1,250,000
Deposit
$125,000 (10%) - Due within 5 business days
Settlement
42 days from exchange
Cooling-Off Period
5 business days (standard NSW)
Sunset Clause (Clause 28)
Developer can rescind if not settled by Dec 2026. You could lose your deposit if delays occur.
Defects Liability Period
Only 90 days to report defects - most issues appear after 6+ months. This is shorter than standard.
Builder's Margin Clause
20% margin on variations - significantly higher than industry standard 10-15%.
Special Condition 4: No Cooling-Off Waiver
Buyer waives cooling-off rights if exchanging at auction or with 66W certificate. Once signed, you cannot back out.
Special Condition 7: Strata Levies Adjustment
You're responsible for any special levy passed before settlement, even if you didn't vote on it. Could be $10,000+.
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Per contract analysis
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Disclaimer: ContractWiser provides educational summaries of property contracts to help buyers prepare for solicitor discussions. This is not legal advice and does not replace consultation with a qualified solicitor or conveyancer. Always seek independent legal advice before signing any property contract.