It is a clause which makes the contract conditional on finance approval. This is fixed to a due date, generally 14 to 28 days after signing.
Private sales only. Please note, this protection is not available for auction sales. You must have your finance fully approved before bidding at an auction.
In standard Contract of Sale, you tick a box and add a due date.
You may be able to request an extension to the Finance Due Date and/or terminate the Contract. We would need to review your contract to advise on this. Contact our office on (03) 9557 3344, if you would like our assistance.
Not unless you are in the “cooling off period”, generally 3 days after signing for Private Sales.
