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1. Parties: Identification of the Vendor and Purchaser with full legal names and addresses
2. Background: Context of the transaction and brief description of the property
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Details: Detailed description of the apartment, including lot number, strata plan number, and any inclusions/exclusions
5. Purchase Price: Agreed purchase price and payment terms including deposit requirements
6. Settlement: Settlement date, requirements, and procedures
7. Title and Transfer: Details regarding transfer of title and associated requirements
8. Vendor's Warranties: Warranties provided by the vendor regarding the property's condition and title
9. Purchaser's Warranties: Warranties and acknowledgments from the purchaser
10. Strata Specific Provisions: Provisions relating to strata title, body corporate, and common property
11. Default and Termination: Consequences of default and termination rights
12. GST Provisions: GST treatment of the transaction
13. Notices: How and where notices must be served between parties
14. General Provisions: Standard boilerplate clauses including governing law
15. Execution: Signing provisions and execution blocks
1. Foreign Investment: Required when purchaser is a foreign person under FIRB regulations
2. Finance Condition: Include when purchase is subject to finance approval
3. Building and Pest Inspection: Include when purchase is conditional on satisfactory inspections
4. Sale of Existing Property: Include when purchase is conditional on sale of purchaser's existing property
5. Off-the-Plan Provisions: Required for purchases of apartments not yet constructed
6. Rental Guarantee: Include when vendor provides rental income guarantee
7. Development Conditions: Include when property is subject to development applications or approvals
1. Schedule 1 - Property Details: Detailed property description, certificate of title details, and inclusions/exclusions
2. Schedule 2 - Purchase Price Breakdown: Itemized breakdown of purchase price, deposit, and payment terms
3. Schedule 3 - Special Conditions: Any special conditions applying to the sale
4. Schedule 4 - Strata Information: Current strata report, by-laws, and levies information
5. Appendix A - Property Certificate: Copy of the certificate of title and registered interests
6. Appendix B - Plan of Subdivision: Strata plan showing lot boundaries and common property
7. Appendix C - Disclosure Statement: Statutory disclosures required under state legislation
8. Appendix D - Building Inspection Report: Current building inspection report if provided by vendor
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Contract Administration
Real Estate Agent
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