Tools
Just as it is important to research your chosen market it
is equally as important once you have decided to buy or sell
international property to be aware of factors that will significantly
affect a contract. Several key components are time, currency and
measurement conversions. Also to a lesser extent, yet still important
are weather and climatic conditions. To assist with these conversions,
we have included helpful links below:
Time Conversion
When buying and selling international property, timing and deadlines
are a critical component of a property contract. Delays in settlement
could result in penalties or delays in meeting conditional clauses
could result in the contract collapsing. Always be careful to take time
difference into consideration. For instance if you are settling a
property you have purchased in Brisbane, Australia at 11am on January
17 and you are purchasing the property from New York, the time of
settlement will be 8pm on January 16 in New York. The links below
should be viewed when you have signed a contact for peace of mind that
you will meet conditions and settlement on time.
Currency Conversion
Currency exchange rates vary from day to day. To keep up to date
with currency conversions rates and ensure you are prepared for
currency differences, the currency conversion links will assist in
vital key element of international transactions.
Measurement Conversion
There are several methods of measuring property dimensions used
around the world. To be fully aware and informed of the exact size of
the property and/or land you are purchasing, always compare the
measurements to the measurement formula you are familiar with. The
links below are a helpful guide.
 
Weather Conversion
Although weather does not play an important part of a property
contract, it can still have a significant effect on the long term
effect of your property investment. To be fully informed of the weather
conditions and climate, visit the link below.
|
TOOLS
