Are you planning to buy a house and not sure what you should be asking before signing the contract of sale? If so, you are not alone.

00:00 5 questions you need to ask before signing a contract [to buy a home]
00:40 1. Are You Getting What You Are Looking For?
03:02 2. How Much Deposit Do I Actually Need To Pay?
04:08 3. Does A Contract Have Any Special Conditions?
05:46 4. How Long Should My Settlement Period Be?
06:20 5. Is There Any CoolingOff Period?

In fact, there are a number of people who do not even know what contract of sale is. The contract of sale is a legal agreement that contains terms and conditions agreed upon by both the seller and buyer in a clear manner. It is prepared by a lawyer or a real estate
agent and typically includes the following:

Name and address of the seller
Plan number, reference number, and address of the property
Fittings and removable items, such as appliances, blinds, or any other easily
removable items, included in the sale
Deposit amount and purchase price of the property
Details about the settlement
Information about the property as to whether it is vacant or on lease
Reports, such as building inspection, pest inspection, etc.

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