Understanding the Sale & Purchase Agreement when buying a home
A sale and purchase agreement is a legally binding contract between you and the seller.
You must sign a written sale and purchase agreement when you buy a property. It sets out all the details, terms and conditions of the sale — this includes things such as the price, any chattels being sold with the property, whether the buyer needs to sell another property first and the settlement date.
You can negotiate the conditions in a sale and purchase agreement.
We as real estate agents help you and the seller to include the conditions you both want. Even though the we work for the seller, we also have to deal fairly and be transparent with the buyer.
We can’t withhold any information, and we must tell you about any known defects with the property.
Always check your sale and purchase agreement with a lawyer or conveyancer before signing. You need to read and understand the agreement before you sign it.
Before you sign a sale and purchase agreement, we must give you a copy of the REA New Zealand Residential Property Sale and Purchase Agreement Guide. We must also ask you to confirm in writing that you’ve received it.
A sale and purchase agreement becomes unconditional when all the conditions are met.
A sale and purchase agreement provides certainty to you and the seller about what will happen when.
You should always get legal advice before you sign the agreement and throughout the buying process.
Want to know more about a Sale & Purchase Agreement & the clauses that can be added, have a confidential chat with me today 📱0274 951 536
Scam Alert: Fake information regarding December Bonuses from MSD
The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’
If you get suspicious communication, please contact Netsafe.
Poll: Are Kiwis allergic to “exuberance”? 🥝
In The Post’s opinion piece on the developments set to open across Aotearoa in 2026, John Coop suggests that, as a nation, we’re “allergic to exuberance.”
We want to know: Are we really allergic to showing our excitement?
Is it time to lean into a more optimistic view of the place we call home? As big projects take shape and new opportunities emerge, perhaps it’s worth asking whether a little more confidence (and enthusiasm!) could do us some good.
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40.8% Yes
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33.4% Maybe?
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25.8% No
We want to know: Have you thought about cutting your insurance cover to save costs?
Senior business reporter Rob Stock tackles a big question many of us have wondered about: “What are the pros and cons of cutting back on insurance?”
So we’re curious… What are your thoughts on trimming your insurance cover? Have you ever considered it?
Want to dive deeper? Rob Stock has the full breakdown.
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