As a vendor, your legal obligations begin before the contract is signed. We ensure your contract is properly prepared, your disclosure obligations are met, and your sale proceeds without unexpected complications.
Book a ConsultationIn Queensland, vendors have specific legal obligations that arise even before a contract is signed. The contract must contain mandatory attachments and disclosures, and failure to comply can give the buyer the right to terminate and recover their deposit. Getting the preparation right from the outset is essential.
At LK William, we prepare your contract of sale, ensure all disclosure obligations are met, advise you through the conditions period, and manage settlement so the transaction concludes cleanly and on time.
Preparation of the contract of sale with all required attachments
Advice on vendor disclosure obligations under Queensland law
Review of offers and negotiation of terms and conditions
Management of the conditions period (finance, due diligence)
Preparation of settlement adjustments and transfer documentation
Release of deposit and final settlement management
From contract preparation to deposit in hand.
We prepare your contract of sale with all required attachments and disclosures before it is provided to buyers or their agents.
We review the offer, advise on terms and conditions, and ensure the contract is correctly executed.
We manage all conditions on your behalf — following up finance approvals, inspection reports, and due diligence deadlines.
We prepare settlement figures, manage the transfer of title, and arrange release of the deposit to you on completion.
Queensland vendors must attach specific documents to the contract — including title search, encumbrances, and body corporate information. Missing attachments can give buyers termination rights and full deposit refund.
If a buyer defaults, your rights depend on the terms of the contract. You may be entitled to retain the deposit and/or sue for damages. We advise you on your options and ensure you follow the correct legal process.
Commercial property sales may attract GST obligations. We advise on whether your sale is subject to GST, the margin scheme, and how to correctly structure the contract to address GST.
In Queensland, the contract must include a current title search, encumbrances, registered easements, and body corporate information (if applicable). Missing required attachments can give the buyer a right to terminate the contract and recover any deposit paid. We prepare all required attachments as part of our service.
If a buyer fails to complete settlement, you are generally entitled to terminate the contract and retain the deposit. Depending on the circumstances, you may also have a claim for additional damages. We advise you on your rights and manage the termination process to protect your legal position.
The deposit is typically held in a trust account by the real estate agent or solicitor until settlement. At settlement, the deposit is released to you (or applied to the purchase price). In some circumstances, you may be entitled to an early release of the deposit — we advise on whether this applies to your situation.
Book a confidential consultation with our team. No pressure, no legal jargon — just a clear conversation about your matter and how we can help.