Deposit | Classic Conveyancing Company

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Deposit

Terms you should know: Caveat Certificate of Title Cooling Off Period Deposit Deposit Bond Easement Encumbrance Exchange of Contracts Final Inspection Finance or Home Loan First Home Owners Stamp Duty Concessions Fittings Fixtures Insurance Joint Ownership Land Tax Restrictive Covenant Right of Way Settlement Stamp Duty Strata Title Torrens Title Valuation

A deposit is normally paid by the purchaser at the time of exchange of contracts; normally 10% of the sale price and includes any amount paid as a part deposit or holding deposit.

A lesser amount can be paid if agreed by the Vendor.