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Contracts ConveyancingWAEASY

What is the standard form used in WA to make an offer on residential property?

Correct Answer

B) REIWA Offer and Acceptance form

WA uses the REIWA Offer and Acceptance form, which is distinct from other states that use contracts of sale. The offer becomes a binding contract once the seller accepts and the acceptance is communicated to the buyer or the buyer's agent.

Answer Options
A
REIQ Contract of Sale
B
REIWA Offer and Acceptance form
C
Law Society General Conditions of Sale
D
Standard Form Contract under the Sale of Land Act

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Related Topics & Key Terms

Key Terms:

REIWA Offer and Acceptancestandard formresidential transaction
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