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CONTRACT REVIEW

Before you sign or exchange a property contract in NSW, it is important to understand what you are agreeing to, what risks may apply, and what steps should be taken before exchange.

Urgent contract reviews available

Property transactions can move quickly, especially when there is strong interest in a property or an auction is approaching.


Where required, Excel Legal can review urgent contracts within 1 business day, subject to availability and receiving the full contract documents and required information.


If your contract is urgent, you can submit your details through the Start Your Matter page and note the time-frame you are working within.

Signing A Document

What is reviewed?

 A contract review may include advice on:
 

  • the Contract for Sale

  • special conditions

  • cooling-off rights and important deadlines

  • deposit requirements

  • settlement period

  • inclusions and exclusions

  • title details

  • easements, covenants, restrictions, or other title matters

  • zoning and planning certificates

  • strata documents and by-laws, where applicable

  • off-the-plan terms, where applicable

  • unusual clauses or legal issues requiring attention


The review is designed to help you understand the contract in practical terms, so you can make an informed decision before signing or exchange.

Why a contract review matters


A contract for sale can contain important legal obligations that may affect your purchase, settlement, and rights after exchange.


Once contracts are exchanged, you may be legally bound to proceed with the purchase. Having the contract reviewed before signing can help identify issues early, clarify your obligations, and allow time for any necessary enquiries or amendments.


Pre-auction contract review NSW


If you are buying at auction in NSW, it is important to have the contract reviewed before auction day.


Auction purchases usually do not have a cooling-off period, which means you should understand the contract, risks, and settlement obligations before you bid.


Excel Legal can review the contract, explain key terms, identify legal risks, and advise on any issues that should be considered before auction.


Clear upfront pricing


Excel Legal provides clear upfront pricing for contract review services, so you understand the costs before work begins.


The cost may depend on the type of property, urgency, contract complexity, and whether further negotiations or advice are required.
 

How the process works


1. Send the contract
Submit your details through the Start Your Matter page and upload or email the contract for review.


2. Your contract is reviewed
The contract and supporting documents are reviewed carefully, with attention to key terms, legal risks, deadlines, and practical issues that may affect your purchase.


3. You receive clear advice
You receive a clear written summary outlining the key issues, risks, obligations, and matters to consider before signing or exchange.


4. Next steps are discussed
After the review, the next steps are discussed with you, including whether you wish to proceed with the purchase, seek changes or clarification, or decide not to move ahead. If you proceed, Excel Legal can also assist with the conveyancing process through to settlement.

Signing a Contract
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