O2017 The Law Society of New South Wales ACN 000 000 699 and The Real Estate Institute of New South Wales ACN 000 012 457 You can prepare your own version of pages 1 and 2 of this contract. Except as permitted under the Copyright Act 1968 (Cth) or consented to by the copyright owners (including by way of guidelines issued from time to time), no other part of this contract may be reproduced without the specific written permission of The Law Society of New South Wales and The Real Estate Institute of New South Wales. THIS CONTRACT IS FOR EDUCATION PURPOSES ONLY - FICTIOUS DETAILS INCLUDED - THIS PROPERTY IS NOT FOR SALE

Contract for the sale and purchase of land 2022edition

TERM

vendor's agent

co-agent vendor vendor's solicitor

MEANING OF TERM

Azure Beach Realty

Julian Clarke and Debra Clarke 77 Harry Street TENAMBIT NSW 2323

CONVEYANCING ELITE 42 High Street MAITLAND NSW 2320

NSW Duty: 02 9898 9898

Phone:

Fax: Ref: 1

E:Fjarvis @gmail.com(clause 15)

date for completion42days settlement

land (address,

plan details and

improvements attached copies

77 Harry Street, Tenambit NSW 2323

title reference)

l

VACANT POSSESSION

HOUSE garage none other:

subject to existing tenancies carport home unit carspace

storage space

documents in the List of Documents as marked or as numbered: other documents:

A real estate agent is permitted bylegislationto fill up the items in this box in a sale of residential property.

inclusions

exclusions purchaser

blinds built-in wardrobes clothes line curtains

Above ground spa

dishwasher fixed floor coverings insect screens other:Ceiling fan

light fittings range hood solar panels

Phone: Fax:

stove pool equipment TV antenna

02 02

purchaser's solicitor

price deposit balance

contract date buyer's agent

vendor

purchaser

$ $ $

(if not stated, the date this contract was made)

deposit to be invested

NO

Yes

witness

witness

GST AMOUNT(optional) The price includes GST of: $

JOINT TENANTS

tenants in common in unequal shares

BREACH OF COPYRIGHT MAY RESULT IN LEGAL ACTION

vendor agrees to accept adeposit-bond(clause 3)proposedelectronic transaction(clause 30)

NO yes NO yes

2

Land - 2017 Edition

Choices

Tax information (the parties promise this is correct as far as each party is aware)

land taxis adjustable GST:Taxable supply margin scheme will be used in making the taxable supply This sale is not a taxable supply because (one or more of the following may apply) the sale is:

not made in the course or furtherance of an enterprise that the vendor carries on (section 9-5(b)) by a vendor who is neither registered nor required to be registered for GST (section 9-5(d)) GST-free because the sale is the supply of a going concern under section 38-325 GST-free because the sale is subdivided farm land or farm land supplied for farming under Subdivision 38-O input taxed because the sale is of eligible residential premises (sections 40-65, 40-75(2) and 195-1)

List of Documents

NO yes NO yes in full yes to an extent NO yes

HOLDER OF STRATA OR COMMUNITY TITLE RECORDS - Name, address and telephone number

Conti Property Group Shop 3 Kings Landing Kings Park 2148 Phone: 02 9000 8686

General 1 property certificate for the land 2 plan of the land 3 unregistered plan of the land 4 plan of land to be subdivided 5 document that is to be lodged with a relevant plan 6 section 149(2) certificate (Environmental Planning and Assessment Act 1979) 7 section 149(5) information included in that certificate 8 sewerage infrastructure location diagram (service location diagram) 9 sewer lines location diagram (sewerage service diagram) 10 document that created or may have created an easement, profit a prendre, restriction on use or positive covenant disclosed in this contract 11 section 88G certificate (positive covenant) 12 survey report 13 building certificate given underlegislation 14 insurance certificate (Home Building Act 1989) 15 brochure or warning (Home Building Act 1989) 16 lease (with every relevant memorandum or variation) 17 other document relevant to tenancies 18 old system document 19 Crown purchase statement of account 20 building management statement 21 form of requisitions 22clearance certificate 23 land tax certificate Swimming Pools Act 1992 24 certificate of compliance 25 evidence of registration 26 relevant occupation certificate 27 certificate of non-compliance 28 detailed reasons for non-compliance

Strata or community title (clause 23 of the contract) 29 property certificate for strata common property 30 plan creating strata common property 31 strata by-laws 32 strata development contract or statement 33 strata management statement 34 leasehold strata - lease of lot and common property 35 property certificate for neighbourhood property 36 plan creating neighbourhood property 37 neighbourhood development contract 38 neighbourhood management statement 39 property certificate for precinct property 40 plan creating precinct property 41 precinct development contract 42 precinct management statement 43 property certificate for community property 44 plan creating community property 45 community development contract 46 community management statement 47 document disclosing a change of by-laws 48 document disclosing a change in a development or management contract or statement 49 document disclosing a change in boundaries 50 information certificate under Strata Schemes Management Act 2015 51 information certificate under Community Land Management Act 1986 Other 52

Access and read the contract for 77 Harry Street, Tenambit. Determine the following and provide a small (1or 2 sentences) explanation of each.

Contract area	Determination and explanation
Vendor details	Julian and Debra Clarke
Legal representatives' details
Completion date
Vacant possession
Inclusions and exclusions
Prescribed documents present
Encumbrances
Contract currency
Changes or additions to contract that may be required

Access the prescribed documents of the contract and identify the following

Property	Terms
Lot and DP number
Zoning
Location of encumbrance on the property

Identify any problems/matters with the contracts and explain why this information should be disclosed to potential bidders. How could you address/rectify the situation if you found a problem? (20-30 words)

Property	Matters and/or problems and explanation
77 Harry Street Tenambit