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Contract Note

The first document signed on buying a house is sometimes a Contract Note, instead of a Contract of Sale. This document when signed by both parties is a legally binding as a Contract of Sale and the buyer and seller should treat it with the same importance. It must be accompanied by a Vendor Statement.
Glossary of Other Real Estate Terms in A-D:
  >   Agent
  >   Auction
  >   Body Corporate or Owners Corporation
  >   Buyer's Advocate or Buyer's Agent
  >   Certificate of Title
  >   Commission
  >   Community Title
  >   Company Title
  >   Contract or Agreement of Sale
  >   Conveyancer
  >   Conveyancing
  >   Cooling-Off Period
  >   Deposit
  >   Disbursements
  >   Discharge Fees
  >   Adjustment
  >   Allotment
  >   Appraised Value
  >   Assets
  >   Breach of Contract
  >   Brick Veneer
  >   Bridging Finance
  >   Building Regulations
  >   Amortisation Period
  >   Caveat
  >   Caveat Emptor
  >   Chattels
  >   Cluster Housing
  >   Cluster Title
  >   Capital Gains Tax
  >   Common Property
  >   Contract Note
  >   Covenant
  >   Depreciation
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