11th April 2012: Changes to Cooling Off Laws

Melbourne Property TV, Season 3

If you are in the market to purchase a property, you will learn that cooling off rules changed on the 1st of March.

Essentially the changes mean that buyers no longer lose the right to 'cool off' just because they sought and obtained advice from a legal practitioner before signing a contract.

Tim Fletcher appeared on MPTV in the new season to discuss the ramifications of the changes.

For more information on cooling off and what it means for buyers, visit the REIV website.

Watch the segment here!