What is a 66w? Waiving your Cooling-Off Period: Benefits and Disadvantages
Buying a house is a monumental decision, and in New South Wales (NSW), the cooling-off period offers a safety net for buyers, giving them a final opportunity to reconsider their purchase.
However, there are situations where a buyer might choose to waive these cooling-off rights. But what does this mean, and what are the implications? Let’s explore the concept in detail.