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🚨 DOWNLOAD OUR FREE COOLING-OFF PERIOD CHECKLIST HERE: [LINK] Thinking of buying property in Australia? The 5-day cooling-off period could save you from a financial disaster—but only if you know how to use it correctly. In this video, we break down everything you need to know about the cooling-off period in New South Wales (NSW) and Queensland (QLD), including key differences, common traps, and exactly what to do during those 5 critical days. 🔍 In this video, you’ll learn: 0:00 – Introduction: Your Legal “Safety Net” 1:45 – What is a Cooling-Off Period & Why It Matters 3:20 – NSW Rules: 5 Business Days & the 0.25% Penalty 5:10 – QLD Rules: Key Differences & How Time Starts 6:45 – Exceptions: When You DON’T Have a Cooling-Off Period 8:30 – The Section 66W Certificate (NSW) & Waivers (QLD) 10:15 – Your 5-Day Action Plan: Inspections, Finance, Legal Review 13:00 – How to Withdraw Correctly (Without Losing Your Deposit) 15:20 – The Risks of Waiving Your Cooling-Off Period 17:00 – Why a Conveyancer Is Essential 18:30 – Final Advice & Next Steps ⚠️ Warning: If you don’t understand the cooling-off period rules in your state, you could lose your deposit or be stuck with a property you can’t afford or don’t want. This is especially important for buyers in Sydney, Brisbane, Melbourne, and across Australia. 📄 Relevant Legislation: NSW: Conveyancing Act 1919 QLD: Property Occupations Act 2014 👉 Want professional help? Always consult a licensed conveyancer or property lawyer before signing any contract. 📌 FREE RESOURCES: Cooling-Off Period Checklist First Home Buyer Guide Conveyancer Questions Cheat Sheet 💬 Got questions? Drop them in the comments below! We read every one. 👍 If you found this helpful, please LIKE, SUBSCRIBE, and SHARE with someone buying property in Australia. 📢 Disclaimer: This video is for educational purposes only and does not constitute legal or financial advice. Always seek professional advice tailored to your situation. #CoolingOffPeriod #PropertyAustralia #FirstHomeBuyer #NSWRealEstate #QLDRealEstate #PropertyLaw #Conveyancing #HomeBuyingTips #AustralianProperty #RealEstateAdvice