10 Things First Time Buyers in NSW & QLD Must Check Before Signing Contracts
- Tanya Spencer
- Apr 8
- 1 min read
Buying your first home is exciting but it’s also legally binding.
Understanding the Legal Framework
In NSW, contracts fall under the Conveyancing Act 1919. In Queensland, they are governed by the Property Law Act 1974.
Cooling-off rights differ significantly between states.
Extended First-Time Buyer Checklist
Written finance approval
Clear understanding of cooling-off period
Review of fixtures and inclusions
Building & pest inspection completion
Zoning & planning review
Easement & covenant searches
Strata report review (if applicable)
Stamp duty calculation
Deposit handling terms
Settlement date coordination
Identity verification for PEXA
Avoiding Common First Home Mistakes
Many first-home buyers feel pressured to sign quickly. Taking time for legal review protects your deposit and your future.
📞 First Home Purchase?
Let SL Conveyancing review your contract before you sign. A short consultation today can prevent major issues tomorrow.
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