There are no laws stating when a deposit must be paid or how much the deposit needs to be.
Generally what happens is that once an agreement has been reached regarding the price and conditions of an offer between the seller and buyer, a deposit amount is also agreed upon. The buyer may pay a full deposit or part deposit with the remainder to be paid by a date specified in the contract of sale.
If the contract conditions are not met, then the deposit is refundable.
A big thanks to Emma for guiding us through the settlement period leading up to move in day!Brian & CherylBought Eaglehawk
To the whole team at Tony Harrington Estate Agents, especially Justine and Emma, you guy's rock!Luke & StaceySold Strathfieldsaye
This is an agency that really cares for their clients.StuartSold Golden Square
I'd recommend Tony Harrington Estate Agents to anyone who wants to sell or buy. They're great people.Samantha & PhilBought & Sold
Thanks to everyone for a fantastic buying experience. You all made it so easy for us.Chloe & TimBought Flora Hill
Wow! What a beautiful gift we received on settlement day. Thanks Justine.The Williams ClanBought Sailors Gully
To the best admin team in Australia. Thanks for making this so easy for us.Dave & TrudySold Kangaroo Flat
The attention we were given from everybody at the agency made us really feel special.Colin & BelindaSold Huntly