21/08/2026
Can you cancel a contract after signing it? ๐ก
Yes โ but only during the cooling-off period.
In most cases, buyers have a 3 business day cooling-off period (depending on the state). If you cancel during this time, a fee applies.
For example, in Victoria, cancelling within the cooling-off period means paying $100 or 0.2% of the purchase price โ whichever is higher.
Understanding your rights before signing a contract is crucial. Always speak to your conveyancer to avoid costly mistakes and unexpected penalties.
CTA: To request a free quote, visit entryconveyancing.com.au or call us on 1800 518 187 today!