PURCHASE For Buyers Buying a property Tell us about your purchase and attach your contract of sale so we can act without a string of back-and-forth emails. Purchase questionnaire You must have JavaScript enabled to use this form. Purchaser details Full name Email Phone Residential address Date of birth Company or trust details Are you buying as - Select - An individual A company A trust Company or trust name ABN or ACN The property Property address Purchase price Settlement date Contract of sale Attach your contract of sale. Accepted formats: PDF, DOC, DOCX. Uploaded files are scanned for viruses.Maximum 5 files.10 MB limit.Allowed types: pdf doc docx. Mortgage details Does the purchase involve a mortgage? Yes No Lender Loan or broker contact Source of funds How is the purchase being funded? Savings Sale of another property Gift Loan Other Source details Transfer details How is the title to be held? - None - Sole ownership Joint tenants Tenants in common Ownership notes Title insurance Title insurance is a one-time premium that provides protection for as long as you own the property. A title insurance policy provides cover for risks including: illegal building work; survey and boundary defects; registration gap; planning and title defects; outstanding rates and taxes; fraud, forgery and identity theft. The key features of a title insurance policy are: the premium is a one-time payment; the protection lasts until you sell the property; there is no excess in the event of a claim; you are covered for the full value of the property (for example, if your property is valued at $500,000 then the cover is for $500,000); in the event of a claim relating to unapproved building work, cover is provided up to $160,000; the policy includes a 200% inflation allowance for increases in the value of the property over time. We will send you Stewart Title's Information Document and Premium Schedule. For further details on premiums, cover and exclusions from cover, and to obtain a sample policy, contact Stewart Title's customer support team on 1800 300 440 or visit stewartau.com. Would you like to take out title insurance for the property? Yes, I/we wish to apply for a title insurance policy (recommended) No, I/we do not wish to apply for a title insurance policy Tell me more before I decide I/We accept that by choosing not to apply for a policy, I/we will be financially liable for any adverse matter affecting the property that would have been covered by a title insurance policy. Processing fee As a representative of Stewart Title, we are authorised to arrange a policy on your behalf by making an application to Stewart Title for policy cover. On this basis, we receive the following benefits from Stewart Title: a processing fee of $50.00 excluding GST from Stewart Title on each insurance policy issued, towards the time spent in ordering the policy on your behalf; Stewart Title waives any rights and remedies or relief to which they become entitled to in their policies by way of subrogation against us; an indemnity where a claim is brought against us with respect to a matter that would be covered under the Stewart Title policies. Acting as a representative of Stewart Title does not mean we are obliged to use Stewart Title exclusively. Additionally, we are not an agent of Stewart Title and have no authority to bind Stewart Title in any way. Disclaimer Please note that the information on title insurance provided is solely for general information purposes only and does not relate to your personal circumstances. It is not intended to be a complete description of all the terms, conditions, and exclusions applicable to the title insurance product. We are unable to provide any advice regarding title insurance. You should contact the title insurer directly for specific advice in relation to the title insurance product and for a copy of a sample policy. I/We have read the title insurance information, the processing fee disclosure and the disclaimer above. Instructions and acknowledgement We keep this acknowledgement on file to confirm your instructions in relation to the additional information and options we have provided to help protect your interest in the property you are purchasing. I/We confirm the information in this form is true and complete, and instruct R.E.T Conveyancing to act on it. Important notice - duty of disclosure Before you enter a contract of general insurance with an insurer, you have a duty, under the Insurance Contracts Act 1984, to disclose to the insurer every matter that you know, or could reasonably be expected to know, which is relevant to the insurer's decision whether to accept the risk of the insurance and, if so, on what terms. Non-disclosure If you fail to comply with your duty of disclosure, the insurer may be entitled to reduce its liability under the contract in respect of a claim or may cancel the contract. If your non-disclosure is fraudulent, the insurer may also have the option of avoiding the contract from its beginning. Not sure whether something should be disclosed? You should contact Stewart Title directly if you have any questions about your disclosure obligations or if you are aware of unapproved structures, boundary issues, encroachments or other adverse matters relating to the property which are disclosed in your contract for sale, building inspection report or are otherwise known to you (including, but not limited to, building code non-compliance, dilapidation, structural integrity problems, defective workmanship issues). I/We have read the important notice on the duty of disclosure and understand the consequences of non-disclosure. I/We have read and agree to the Terms of Use and the Privacy Policy. Signed by all purchasers Type the full name of each purchaser. A typed name has the same effect as a signature on the paper form, and your submission is recorded with the date, time and the address it was sent from. Signed by all purchasers Signed by all purchasers Leave this field blank
