Backgrounds: We are to participate in a PEXA settlement using the PEXA training platform. The following details are used to complete the settlement in the PEXA: The purchase price will be $750,000.00 with a 10% deposit paid. Council rates of $2,000.00 and water rates of $1,000.00 need to be paid with an equal adjustment between the parties.

Questions: (1) Make an invoice for purchaser client including the following costs (also consider the council rates and water rates adjustment). Purchaser Costs: Administration including meetings $500.00; Deed of Release $350.00; Settlement $150.00 and professional fees $2,000.00. We need to add a 10% GST to the costs and clearly display the correct price on the invoice for the client.

(2)Please draft a brief letter/email to the rating authorities informing them that settlement is finalized, title registration is complete, and all outstanding payments have been made via PEXA.

(3)Please draft a letter to the client to finalise the matter and advise them we are closing and archiving the file according to legislative, regulatory, contractual and practice requirements. Include details of what will happen to the file when closed and any access the client can get to it in the future.