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Questions for Buyers

PLEASE ENSURE ALL SECTIONS OF THIS FORM ARE ANSWERED AND COMPLETE

What type of Property is being purchased:
Residential Established
Residential Vacant Land
Commercial Established
Commercial Vacant Land
Off the Plan (House and Land Package)
Off the Plan (Multi Level Apartment or Unit)
Other

An upfront concession is available if you enter into a pre-construction contract between 23 October 2019 and 30 June 2025 to purchase a new residential unit or apartment off-the-plan OR, you enter into an under construction contract between 31 August 2023 and 30 June 2025 to purchase a new residential unit or apartment off-the-plan. If you are eligible you will need to contact the developer and get them to prepare an application form "FDA53" and forward that to your conveyancer.

Please advise your preference for receiving our settlement documents.
Via Docu-Sign (please note this is our preferred method)
Via Email (we will email your documents to be printed signed and emailed back)
Via Post (we will mail your documents for signing then returned to us via post)
In office (attend our office to sign documents including verification of identity - additional fees may apply)
As part of the settlement process all buyers must have their identity verified. Please advise your preference to complete your identity verification.
Australia Post (attend post office - $49 per person)
Scantek (totally online solution - $30.80 per person)
In office (attend our office - $55 per person)
Number of buyers named on the Contract?
One
Two
Three
Four
Will any of the Buyers be absent during settlement?
Yes
No

Please note this refers to if at any point you will be unreachable via phone or email. You do not need to attend settlement.

Do you have any relationship to the Seller/s?
Yes
No

Please note that our correspondence will be sent via email unless otherwise instructed.

(Please note that should your address change at anytime after settlement from what you have advised us here it will be your responsibility to notify all relevant rating authorities)

Will you be obtaining finance?
Yes
No
Are you applying for the First Home Owners Rate of Duty ?
Yes
No

First home buyers pay no stamp duty in WA if you're buying a home and land for less than $450,000 OR vacant land for less than $300.000. First home buyers pay discounted stamp duty if the home and land is valued between $450,001 – $600,000 OR $300,001 - $400,000 for vacant land. First home buyers pay the residential or general rate of duty for property valued over $600,000 OR $400,000 for vacant land.

Will you be residing in the property immediately after settlement?
Yes
No
We always highly recommend our clients purchase title insurance. Please read the information below. Would you like us to arrange title insurance for you?
Yes
No

Stewart Title insurance is an insurance policy in respect of the title and covers title defects such as boundary issues or unpaid rates that may not be disclosed at the time of the purchase, complete loss of legal ownership due to a fraudulent sale of your property, loss caused due to forced removal by council of a structure illegally built by a previous owner, loss of land due to survey errors or zoning non- compliance. This is a once off premium based on your purchase price and plan type and lasts the duration of ownership. https://www.stewartau.com/

Is the property currently rented?
Yes
No

BANK ACCOUNT DETAILS

Occasionally our office will need to retain funds from you at settlement for rates & taxes not available at the time of settlement. Please provide bank details for any refunds due back to be deposited into. WARNING: If you receive an email or text from us requestion funds you MUST call us to confirm. Our preferred method of obtaining and providing account details will be through PEXA key which will be set up by your conveyancer.

Please note, we cannot pay funds into any loan accounts. The details must be for a general transactional account.

Ishaks WA is hereby appointed to act in the purchase of the property named in this form. I/we agree to pay the settlement fee and all disbursements to Ishaks WA as quoted. If the transaction does not settle, or you instruct us to cease acting, for any reason whatsoever I/we agree to pay 50% of the quoted fee plus any disbursements to Ishaks WA. I/we authorise Ishaks WA to act for each other party to the transaction. Ishaks WA will advise immediately should any conflict of interest arise between the parties. I/we authorise Ishaks WA to draw on funds received by them into their trust account as and when necessary to pay Ishaks WA fees and disbursements and to make any payments related to settlement. I/we authorise Ishaks WA to attend to the stamping and registration of documents, to open or join a PEXA workspace and to make any minor alterations to documents which may be necessary to effect their registration. I/we hereby authorise and request that my/our financial institution/s release any documentation and financial information required for the settlement to Ishaks WA. I/we hereby authorise Ishaks WA to release to financial institution/s any documents requested by that financial institution for the purposes of the settlement. I/we are aware that some transactions require additional work, which only becomes evident after we have received all the necessary documentation, all additional fees will be disclosed to you if they are applicable.

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