New REIQ residential contracts released: 20 January 2022
The REIQ and Queensland Law Society (QLS) are preparing new editions of the EF001 - Contract for Houses and Residential Land (17th ed) and EF003 - Contract for Residential Lots in a Community Title Scheme (13th ed) to be released on 20 January 2022.
The REIQ and Queensland Law Society (QLS) are preparing new editions of the EF001 - Contract for Houses and Residential Land (17th ed) and EF003 - Contract for Residential Lots in a Community Title Scheme (13th ed) to be released on 20 January 2022.
The changes will include:
- The ability of either party to obtain a short extension to settlement where the party is unable to settle due to the inaction or delay of a financier or for any other rea…