Thank you for requesting Shamac Lawyers to act on your behalf in your purchase.
In order to enable us to prepare all of your necessary documents and act generally on your purchase we now request you answer a number of questions about your purchase.
Your answers will help ensure that our searches, documents, and advice is tailored to your personal circumstances.
Most of the questions are straightforward. However, if you have any queries please let us know.
7 Questions
You are not a foreign natural person if you are any of the following: An Australian citizen, the holder of a permanent visa, or a New Zealand citizen holding a special category visa under s32 of the Migration Act 1958
The Sale of Land Act 1962 provides that any policy of insurance held by the Vendor shall also be held for your benefit until settlement. The property will generally be at your risk from the date of settlement or the date of possession, whichever is the earlier date. We consider that you should insure the dwelling/building and all improvements on the property to the full reinstatement value in order to ensure that you will be adequately compensated in the event of loss or damage or destruction of the property prior to the date of settlement.
Please note that your Lender will require a copy of your Insurance Policy or a Certificate of Currency of Insurance with their interest noted on the policy as Mortgagee at least 10 working days prior to settlement.
I/We the undersigned, hereby certify that the above information is true and correct to the best of my/our knowledge. I/we further acknowledge that the Section 32 Statements will be prepared based on the information I/we have provided herein and that Mr Conveyancer will not be responsible for any possible defect in respect of the Section 32 Statement as I/we have instructed Mr Conveyancer only to obtain such normal searches to prepare an accurate Section 32 Statement as can be obtained by Mr Conveyancer after receipt of the information and signed declaration below.
I/we acknowledge that I/we have been fully informed by Mr Conveyancer that the necessary enquiries normally require anywhere up to two weeks to complete and that if information provided herein is inaccurate the Section 32 Vendor’s Statement may be invalid and provide grounds to the Purchaser to withdraw at any time up to final settlement and, if that happens, I/we may be liable for any agent’s commission on the sale and also subsequent legal costs.
Mr Conveyancers fees for the sale of a property are fixed, plus disbursements. Disbursements are fees for third party incurred costs, such as property information certificates received from local authorities and required under section 32 of the Sale of Land Act to be disclosed to any potential purchasers. We will deduct our fees at settlement unless paid prior.
By clicking submit this completed form and all attachments will now be sent to our office and we will contact you shortly to confirm receipt of this information and to give you an opportunity to ask you any follow up questions.
Otherwise, feel free to return any other attachments to our office by: