10 Things First Time Buyers in NSW & QLD Must Check Before Signing Contracts

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.