QLD Contract buyer's signature validity time limit

In QLD (unlike NSW) the buyer signs the contract first and gives it to the seller and the seller then signs the same contract and then returns a copy to the buyer.

When signing a QLD contract is there a way to word a condition that the buyer must countersign and provide a copy within a certain time or else the buyer's initial signature become's void?

Thanks

 

Ouch! I know buying and selling is supposed to be able making good financial decisions (think with your head, not your heart, and all that stuff), but usually dealing with real estate transactions can be a highly emotional time and can be very draining.

Someone who wants to stuff you around with that kind of nonsense is probably not someone you want to spend time trying to transact with.

 

yes

 

All reasons why legal advice prior to execution of any contract may address time limits, additional clauses or offending clauses (eg land tax) and other matters. The legal advice will reduce the emotional issues and leave the factual issues and address risks eg conditional issues such as finance, inspections and the like. The wording of these conditions can be important.

If a REA hands you a contract the worst thing you can do is sign it at that time.

 

Agreed.

'The contract is mere details', '...who has time to read 40 pages???', 'I discussed with the real estate, they said it would be fine'.

You hear those one all the time then they have to extract themselves from the mire.

 

The QLD contract is a pretty simple and I have bought and sold several times in QLD so I know my way round the contract.

I am just wondering as a buyer how to word an extra clause that would put a time limit on receipt of a countersigned copy - at the time of providing the initial signature as the buyer.

I don't think the QLD contract has anything specific relating to this issue in its default format.

 

This is something your solicitor should be advising on - drafting a contract clause.

But something along the lines of - this offer lapses if it is not accepted within 24 hours.

 

actually, you wouldn't put 24 hours, but the actual time - 6pm on 19jan.

 

Legal advice is best.
Acceptance must be communicated. A before end time/date and method of communication eg by phone, face to face etc can be specified. Communication by Post (time of acceptance) is different so be aware of that.

 

^
^^
Thanks for the suggestions folks.
I was thinking of something along the lines of stipulating that a photo of the countersigned signature page be sent to me before 6pm on such and such a date.
Anyway I will consult with the lawyer before doing anything.