HTML Preview Formal Property Offer Letter page number 1.
July 2008
LETTER OF OFFER
I/We, _______________________________________________________________________________
(Proposed Purchaser’s full name and address)
Phone
Number:____________________Mobile:______________________Email:________________________
hereby wish to make the following offer to purchase the property known as
____________________________________________________________________________________
(address of the purchase property)
on the following terms and conditions;
Purchase Price $______________________
Deposit $______________________ payable on expiration of cooling off period
Settlement Date ____/____/____
Subject to Finance: □Yes □No (tick one)
Lender (Bank):_____________________________ Amount to be borrowed: $______________________
Interest rate not to exceed: _____% per annum. Term of loan not to exceed: ________Years
(if subject to finance please allow up to 4 weeks from the contract date for unconditional finance approval)
Other Conditions –(e.g. specific items to be included in sale, building inspection, etc.)
____________________________________________________________________________________
____________________________________________________________________________________
____________________________________________________________________________________
____________________________________________________________________________________
____________________________________________________________________________________
____________________________________________________________________________________
____________________________________________________________________________________
I understand this is a letter of offer and not a Contract. This offer is valid until midnight the ____ (Day) of
__________________(Month)______________(Year) and will lapse if not accepted by the Vendor by this
time. Should this be accepted by the Vendor it shall be formalised in a Contract to be prepared by
Adcock Conveyancing Pty Ltd 53 Orsmond Street Hindmarsh SA 5007 (Ph 08 8340 0700 or Fax 08
8340 1180)
Signed : ______________________ Signed : ______________________
(Purchaser) (Purchaser)
Date: ______________________ Date: _______________________
“This is not a contract of sale document. Both the Purchaser and Vendor must sign a contract of sale document
before this offer becomes legally binding. An offer may be withdrawn at any time before signing a contract of sale
document. Contract of sale may also be subject to a 2 day cooling-off period (exercisable by the Purchaser) under
section 5 of the Land and Business (Sale and Conveyancing) Act 1994.”