51Ƶ

House For Sale On Contract Template for Australia

A legally binding contract used in Australian property transactions for the sale of residential property. This document outlines the terms and conditions of the property sale, including the purchase price, settlement terms, warranties, and conditions precedent. It complies with Australian state-specific property laws and includes mandatory disclosures, property details, and provisions for both vendor and purchaser obligations. The contract serves as the primary legal instrument for transferring property ownership and protecting the interests of all parties involved in the transaction.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a House For Sale On Contract?

The House For Sale On Contract is a fundamental legal document used in Australian residential property transactions. It is designed to facilitate the sale of residential properties while ensuring compliance with state and federal legislation. This contract type is essential when transferring property ownership from a vendor to a purchaser, incorporating all necessary elements such as property details, purchase price, settlement terms, and statutory requirements. It includes provisions for condition precedents like finance approval and building inspections, as well as warranties and representations from both parties. The document is particularly relevant in Australian jurisdictions where specific state laws govern property transactions and mandatory disclosures are required. It serves as both a legally binding agreement and a comprehensive record of the transaction terms.

What sections should be included in a House For Sale On Contract?

1. Parties: Identification of the vendor (seller) and purchaser (buyer) with full legal names and addresses

2. Background: Context of the sale, including property ownership status and intention to sell/purchase

3. Definitions: Defined terms used throughout the contract, including property-specific terminology

4. Property Details: Full legal description of the property, including title details, lot number, and registered plan

5. Purchase Price: Agreed purchase price, deposit amount, and payment terms

6. Settlement: Settlement date, time, and location details, including requirements for completion

7. Title and Transfer: Requirements for clear title transfer and handling of title documents

8. Vendor's Warranties: Warranties regarding property condition, title, and disclosed encumbrances

9. Purchaser's Warranties: Warranties regarding financial capacity and compliance with foreign investment rules

10. Adjustments: Provisions for adjusting rates, taxes, and other outgoings at settlement

11. Default and Termination: Consequences of default and termination rights for both parties

12. General Provisions: Standard contract terms including notices, governing law, and interpretation

What sections are optional to include in a House For Sale On Contract?

1. Finance Condition: Used when purchase is subject to finance approval

2. Building and Pest Inspection: Included when sale is conditional on satisfactory building and pest inspections

3. Existing Tenancy: Required when property is sold with sitting tenants

4. Swimming Pool Compliance: Necessary when property includes a swimming pool

5. Foreign Investment Approval: Required for foreign buyers requiring FIRB approval

6. Special Conditions: For any additional agreed terms specific to the transaction

7. GST Provisions: Required when GST is applicable to the sale

8. Body Corporate Provisions: Included for properties under strata or community title

What schedules should be included in a House For Sale On Contract?

1. Schedule 1 - Property Inventory: List of included fixtures, fittings, and chattels

2. Schedule 2 - Disclosure Statement: Statutory disclosures required under state legislation

3. Schedule 3 - Property Certificate: Current title search and registered encumbrances

4. Schedule 4 - Special Conditions: Detailed special conditions agreed between parties

5. Schedule 5 - Property Searches: Results of council, water, and other relevant searches

6. Appendix A - Property Plans: Survey plans and property drawings

7. Appendix B - Certificates: Compliance certificates, building approvals, and permits

8. Appendix C - Tenancy Documents: Current lease agreements and tenant details if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Australia

Publisher

Genie AI

Document Type

Buy-Sell Agreement

Sector

Cost

Free to use

Find the exact document you need

Sales Agreement For Mobile Home

An Australian-compliant agreement for the sale and purchase of a mobile home, detailing transfer terms and statutory requirements.

Download

Shop Sales Agreement

An Australian law-governed agreement for the sale and purchase of a retail business, including assets, stock, and associated rights.

Download

Registered Agreement To Sale

An Australian legal document registered with the land registry office that formalizes property sale terms and transfer of ownership under state/territory legislation.

Download

Home For Sale By Owner Purchase Agreement

An Australian legal agreement for direct property sales between owner and buyer without real estate agent involvement.

Download

Agreement For Purchase Of Goods

An Australian law-governed agreement setting out terms and conditions for the commercial purchase and sale of goods.

Download

Sell And Purchase Agreement

An Australian-law governed agreement documenting terms and conditions for sale and purchase of assets, property, or businesses, including key transaction terms and compliance with local regulations.

Download

Contract For Selling A Car With Payments

An Australian-compliant contract for vehicle sale with installment payments, incorporating consumer protection and vehicle transfer regulations.

Download

Agreement Of Sale Of Immovable Property

An Australian legal agreement for the sale and purchase of immovable property, governed by federal and state-specific property laws.

Download

Sale And Purchase Agreement Of Shares

An Australian law-governed agreement documenting the terms and conditions for the sale and purchase of shares in a company, including price, warranties, and completion mechanics.

Download

Home For Sale By Owner Contract

An Australian legal agreement for direct property sales between owner and buyer, containing all essential elements for a valid property transfer under Australian law.

Download

Simple Land Sale Agreement

An Australian legal agreement for the straightforward sale and purchase of real property, outlining essential terms and conditions while ensuring legislative compliance.

Download

Lot Sale Contract

An Australian jurisdiction contract governing the sale and purchase of a land lot, detailing terms, conditions, and statutory requirements.

Download

House For Sale On Contract

An Australian legal contract for residential property sales, outlining terms, conditions, and obligations for property transfer between vendor and purchaser.

Download

Real Estate Offer To Purchase Contract

An Australian legal document formalizing a buyer's offer to purchase real estate, including purchase terms and conditions compliant with Australian property law.

Download

Buy Sell Agreement For A House

An Australian legal contract documenting the terms and conditions for residential property sale and purchase, complying with state-specific property laws and regulations.

Download

Simple Land Purchase Agreement

An Australian legal agreement governing the sale and purchase of real property, incorporating state-specific requirements and standard conveyancing practices.

Download

Used Car Sales Agreement

An Australian-compliant agreement for the sale and purchase of a used motor vehicle, covering all essential transaction elements and legal requirements.

Download

Agreement For Sale And Sale Deed

An Australian legal document combining sale agreement and deed for property transfer, outlining terms and conditions for property sale transactions.

Download

Buy And Sale Agreement

An Australian-law governed agreement setting out terms and conditions for the sale and purchase of assets, goods, or property, including price, payment terms, and completion requirements.

Download

Buyout Agreement

An Australian law-governed agreement documenting the terms and conditions of a business acquisition, including purchase terms, warranties, and completion obligations.

Download

Vehicle Sale Agreement

An Australian-compliant agreement for the sale and purchase of vehicles, suitable for both private and commercial transactions.

Download

Asset Purchase And Sale Agreement

An Australian law-governed agreement documenting the terms and conditions for the sale and purchase of specific assets between parties, including transfer terms, warranties, and regulatory compliance requirements.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it