Cooling Off Period

Conveyancing

Understanding the Cooling-Off Period in NSW Property Transactions
ByRyan September 1, 2026September 1, 2026

If you are buying residential property in NSW by private treaty, you generally have a 5 business day cooling-off period after contracts are exchanged. This gives you time to arrange finance, obtain building and pest reports, and have a solicitor review the contract. If you change your mind and rescind within that period, you forfeit…

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Conveyancing

Step-by-Step Guide to the NSW Conveyancing Process
ByRyan August 25, 2026August 25, 2026

Conveyancing is the legal process of transferring ownership of land in New South Wales. For a typical residential purchase it runs through five stages: preparing or reviewing the contract, exchange, the cooling-off period (if it applies), the period between exchange and settlement, and settlement itself. NSW has mandated electronic conveyancing since 2019, and almost all…

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