The Hidden Dangers Inside the Contract of Sale – Clauses That Can Cost You
Every contract of sale tells a story — and in real estate, it’s one you need to read carefully.
Many first home buyers think property contracts are “standard.” They’re not. Each one can contain unique clauses that favour the seller or expose the buyer to significant risk.
The Pitfall: Missing What’s Between the Lines
Without legal review, you might:
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Accept “as is” clauses that remove your right to claim defects
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Overlook special conditions that disadvantage buyers
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Miss a sunset clause in off-the-plan purchases
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Sign without finance or inspection protection
Key Clauses to Watch Out For
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Subject to finance – Protects you if your lender declines your loan.
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Subject to building and pest inspection – Ensures the property’s condition is satisfactory.
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Vendor warranties – Confirms that no unapproved work or disputes exist.
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Sunset clause (off-the-plan) – Allows developers to rescind after a certain date; must be monitored closely.
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Pool and zoning compliance – Avoid future fines or demolition orders.
Real Example
We once reviewed a contract where the buyer hadn’t noticed a special condition removing all vendor warranties. Had they signed, they would’ve been responsible for a major plumbing defect discovered later — at a cost of over $12,000.
Because we reviewed the contract early, it was amended before exchange.
Every word in a contract of sale matters.
A professional legal review isn’t just paperwork — it’s protection for your peace of mind and your wallet.
📄 Have your Contract of Sale reviewed before signing. Book your free 15-minute chat with our conveyancing team today on 6562 3300.
Ready to buy your first home with confidence?
📖 Don’t miss our complete First Home Buyer Legal Guide for NSW — everything you need to avoid costly mistakes and make your dream home a reality. Read the full guide here.