When buying or selling commercial property, it is important that your legal rights are protected, and that the terms of your contract reflect the agreement you believe you have negotiated.
Often, we see clients who seek advice after the contract has already been signed and things have gone wrong – for example, a finance clause has not been inserted into a document, meaning that if the buyer is unable to obtain finance, they may be sued for breach of the contract.
Our services include drawing the relevant contract and incorporating clauses that address all of your instructions to avoid such a possibility arising.
If your contract is subject to finance which is declined, then we can ensure that you will be able to walk away without being the subject of litigation, and also recover any deposit paid by you.
Please contact our commercial law partner, Peter Elliott, at our Townsville or Ingham offices for advice.