IN BRIEF: IN AN AGE WHERE YOUR LIFE IS RUN THROUGH YOUR PHONE, WHY NOT PURCHASE PROPERTY THROUGH IT TOO? 

Electronic contracts are becoming the new norm in off the plan property sales. If you haven't gotten on board yet, here's six reasons why you should.

Electronic-Contracts-Icons.jpg  Speed

Way faster than paper conveyancing.

  Security

More secure than paper contracts - no changes can be made by purchasers without detection.

  Simplicity

Easy to use. After a lawyer sets up a master contract document, a sales team can create and issue contracts in minutes. 

  Environment

Better for the environment. A development with 250 apartments can use more than 30 large trees to create paper contracts. 

  Cost savings

Save money. Legal and administration costs reduced. Post and courier costs eliminated.

  Client Feedback

Our feedback is overwhelmingly supportive of using electronic contracts.


Colin Biggers & Paisley were the first legal practice in Australia to create an online property contract exchange platform. CBP Exchange is the most advanced system specifically designed for property developers and off the plan sales. For more information, or for a demonstration, contact hailey.edwards@cbp.com.au.
 

This is commentary published by Colin Biggers & Paisley for general information purposes only. This should not be relied on as specific advice. You should seek your own legal and other advice for any question, or for any specific situation or proposal, before making any final decision. The content also is subject to change. A person listed may not be admitted as a lawyer in all States and Territories. © Colin Biggers & Paisley, Australia 2019.

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