C.O.S required

Discussion in 'Commercial Property' started by Tom Velk, 10th Dec, 2020.

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  1. Tom Velk

    Tom Velk Member

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    Is a Contract of sale required to Sell Commercial property?
     
  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    No
    But no one would or should buy one without.
     
  3. Scott No Mates

    Scott No Mates Well-Known Member

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    The COS isn't required prior to listing as you're now playing with grown ups and each party can negotiate the terms of the sale ie different requirements exist to residential property.