File Note of Contract of Sale and Section 32 Vendor Statement

Background: I am a conveyancer of Victoria and I am contacted by Alice and Matt Habur, of 3 Garden Street, Coburg who have decided to purchase an "off-the-plan" property. They have provided me with the proposed Contract of Sale and Section 32 Vendor Statement.

Please help me to draft a File Note to the clients providing detailed information and outlineing key advice about the Contract of Sale and Section 32 Vendor Statement(Please refer to the attached pictures). In your explanation, please provide the necessary content for each item individually and in sequence, ensuring that no information is omitted. Also, please be sure to give a specific response based on the content of the contract picture I uploaded, I don't need brief and generalized answers that don't make any sense and will lead me to give bad feedback.

The file note should be included following points: 1 Check parties, property, information and factual details for accuracy and relevance 2 Check annexures to the document for accuracy and relevance 3 Check the document or an annexure for compliance if it is required to comply with a procedural or formal requirement 4 Check the document or annexure for compliance with statutory and practice requirements if it comprises a statutory or prescribed form 5 Identify information to be obtained from or provided to third parties or other professionals in relation to the document 6 Check the document for compliance with statutory and practice requirements and if it comprises a statutory or prescribed form

16:11 85 Contract of Sale-Off The Plan-Habur.pdf ... NOTICE TO PURCHASERS OF PROPERTY OFF-THE-PLAN Off-the-plan sales (Section 9AA(1A) of the Sale of Land Act 1962) the contract of sale and the day on which you become the registered proprietor of the lot. You may negotiate with the vendor about the amount of the deposit moneys payable under the contract of sale, up to 10 per cent of the purchas The value of the lot may change between the day on which you sign the contract of sale of that lot and the day on which you become the registered proprietor. A substantial period of time may elapse between the day on which you sign Particulars of sale Vendor's estate agent RELIANCE REAL ESTATE- TARNEIT Shop 15, Tarneit Shopping Centre CTR, Derrimut Road, Tarneit, Victoria 3029 Tel: Mob: 0451 033 321 Fax: Ref: Keith Bhojwani Vendor SODDER BUILDING & DEVELOPERS PTY LTD. (A.C.N. 612 950 535) 119 JUNIPER AVENUE, POINT COOK, VICTORIA 3030 Email: Vendor's legal practitioner or conveyancer Vernon da Gama and Associates 28 Fromer Street, Bentleigh VIC 3204 Email: gavin@vaglawyers.com.au Tel: (03) 9503 8046 Mob: Fax: (03) 9503 8047 Ref: Sodder Building & Developers Purchaser Name: Ishita Habur and Assunta Habur Address: 1 Garden Street, Coburg VIC 3058 ABN/ACN: Email: Purchaser's legal practitioner or conveyancer Name: RMIT Conveyancing Address: 394 Swanston Street, Melbourne, VIC, 3000 Email conveyancing@rmitconveyancing.com.au Tel: (03) 9925 2000 Land (general conditions 3 and 9) The land is described in the table below - Certificate of Title reference being part of being lot On proposed plan Volume 09508 Folio 339 5 PS828507X OR described in the copy of the Register Search Statement and the document or part document referred to as the diagram location in the Register Search Statement, as attached to the section 32 statement if no title or plan references are recorded in the table above or as described in the section 32 statement if the land is general law land. The land includes all improvements and fixtures. Property address The address of the land is: LOT 5, on Proposed Plan of Subdivision PS828507X, 228-230 DUNCANS ROAD, WERRIBEE, VICTORIA 3030 Goods sold with the land (general condition 2.3(f)) (list or attach schedule) All fixed floor covering, existing window furnishings and light fittings of a permanent nature. Payment (general condition 11) Price $ 650,000.00 Deposit $ 65,000.00 payable 7 days after the Day of Sale Balance $ 585,000.00 GST (general condition 13) The price includes GST (if any) unless the words 'plus GST' appear in this box If this sale is a sale of land on which a 'farming business' is carried on which the parties consider meets requirements of section 38-480 of the GST Act or of a 'going concern' then add the words 'farming business' or 'going concern' in this box If the margin scheme will be use MARGIN SCHEME16:12 w = @E Contract of Sale-Off The Plan-Habur.pdf