What is a Heads of Agreement in an NDIS business sale?

A Heads of Agreement is a preliminary document outlining the proposed purchase price, key terms, due diligence scope, confidentiality obligations, and timelines. It sets the framework for the transaction.

How long is the typical due diligence period?

Due diligence for NDIS business transactions typically takes 4–8 weeks, depending on business complexity and the availability of documentation.

What are conditions precedent in an NDIS sale agreement?

Conditions precedent are requirements that must be met before settlement can occur, such as NDIS Commission notification, landlord consent, and satisfactory due diligence completion.

What post-settlement obligations are common?

Common post-settlement obligations include seller transition support (30–90 days), working capital adjustments, earnout payments, warranty claim periods, and non-compete compliance.

Contracts, Due Diligence & Settlement in NDIS Sales

Guide to the legal stages of an NDIS business sale. Heads of Agreement, due diligence, sale agreements, settlement, and post-completion obligations.