Properties For Sale throughout Australia

legal blemish
Blemishes on the piece of property, such as the zoning violation or fraudulent title claim.

kick-out clause
A clause in the sales contract which allows the seller to accept one buyer's contingent offer, then back out without penalty if the second buyer makes the better offer.

selling agent
A real estate broker or salesperson who writes a purchase offer for the buyer in the real estate transaction, but may not actually represent a buyer.

caulk
An acrylic or silicon sealant used to fill cracks, crevices, and holes in the home.