Cooling Off Penalty Calculator (QUEENSLAND)
A buyer can terminate their Contract
within 5 business days from the commencement of the cooling off date (which may be a date later than
the contact date).
However a penalty of 0.25% of the purchase price is payable to the seller.
Instructions: to calculate the penalty
Item 1. Purchase Price:
- Type in the full purchase price as noted in your contract, in the box
- CLICK on the CALCULATE button.
$ do not insert any symbols (eg $ or commas)