Buyer Questionnnaire and Authority Residential Bussines

  • Questions for Buyer of Residential Property Bussines

  • Buyer and contact details

  • Format: (000) 000-0000.
  • Format: (000) 000-0000.

  • We must be able to contact each Buyer (and potentially meet with each Buyer) throughout the conveyance. It is your obligation to stay in contact with us as your rights may be negatively affected if we are unable to do this.

  • If no, call us immediately

  • If no, call us immediately

  • If yes, call us immediately

  • If yes, also answer the Foreign Ownership section below.

  • If no, please provide written authorisation when returning this Questionnaire and Authority.

  • (Note this may affect foreign acquirer duty payable in the future.)

  • If no, please immediately make arrangements to provide to us or your financier.
    Please note that this evidence is critical to registering the transfer of the Property into your name as trustee for the trust. You should also give us a copy of any trust documents you have given to your financier.

  • If yes, please contact us to discuss what documents we may require from you.

  • 03. The Queensland Revenue Office requires us to provide the following information.

    If any Buyer is a company or other entity formed outside Australia, or a trustee of a trust with non-Australian tax residence, please provide the following information:

  • 1. Have you provided us with either:

  • If no, please provide us with one of these as soon as possible.

  • If yes, please contact us to discuss what documents we will require from you.

  • If yes, complete relevant parts of Annexure B

  • Annexure B

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  • Please note that we will charge additional fees for any advice on the Caretaking and Letting Agreements/Contracts.

  • 3. Are you aware of:

  • 4. Are you aware of:

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  • If no, we will discuss an alternative method of identity check, such as Australia Post.

  • Property location

  • If no, call us immediately.

  • If no, please review and initial and return with this Questionnaire and Authority.

  • If yes – you should brief a surveyor as soon as possible.

  • Use of Property

  • Other Property matters

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  • If yes to any of the above, or you have received other documents or disclosures, please provide these to us. Please do not assume that the real estate agent or Seller has provided us with all documentation provided to you. These documents may affect your rights and it is important that we receive copies of all documents you have received so that our advice is accurate.

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  • If you have not already signed the Contract:

  • Goods and chattels

  • Transfer Duty issues

  • A valuation of the Property based on three comparable sales in the last three months may be required for the assessment of transfer duty.

  • 69. Have you, or are you intending to, buy other
    property:

  • The other property may need to be considered in determining the transfer duty payable on this purchase.

  • Disclaimer* Please note that giving a false declaration could result in serious penalties.

  • Purchase price and deposit

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  • Finance

  • If the Contract is subject to finance:

  • If no, please make application without delay.

  •  - -

  • If no, please contact your financier to make arrangements without delay.
    Delays to settlement or default under the Contract may occur if the financier is not authorised to liaise with the law practice to make arrangements when required.

  • If yes:

  • If no, please check you meet the eligibility criteria as soon as possible. This is outside the scope of our retainer.

  • Expert reports

  • If the Contract is subject to a Building and Pest inspection:

  • If no, please make arrangements without delay.

  • If the Contract is subject to a Body Corporate
    Records inspection:

  • If no,  If no, please provide us your instructions without delay.

  • Searches

  • If no, please review and initial and return with this Questionnaire and Authority.

  • Disclaimer* you should read the information in the First Letter about the risks of delay in ordering searches. By instructing us to delay ordering your searches you acknowledge you have read this information and accept any risks from delaying the searches.

  • Tenancy and rental issues

  • *Existing tenant (if any)

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  • Note: This might affect whether you can apply for
    duty concessions.

  • *Prior tenants (if any)

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  • Settlement arrangements

  • 95. As part of our standard service, we conduct the following searches:
    Rates
    Water and sewerage/access
    PPSR
    QCAT

  • Disclaimer* Please note that additional searches are entirely optional. In most cases, the standard searches are sufficient. However, if you choose to proceed with further searches, these will incur additional costs and may extend processing times.
    A full list of available searches has been provided in the initial email from our office.

  • Buyer Searches List

  • Title Investigations (Mandatory)

  • Infrastructure & Utilities

  • Local Government Planning & Environment

  • Local Government Enquiries

  • Corporate & Court Registers

  • Optional Searches (select if required)

  • Community Title Schemes / BUGTA Parcels (Mandatory if applicable)

  • 139. Title investigation:

  • Clear
  • Clear
  •  - -

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