A made-up contract, so you can see what we check and how a report reads.
Sample46-page contract
34 Example Street, Sampleville NSW 2000
7items to raise before you sign
7 need attention5 worth confirming6 standard
Torrens title · House · Lot 12 DP 123456
Worth your attention
Early release of depositp. 9
Your deposit can go to the vendor before settlement, with nothing protecting it once it has.
Default interest at 12%p. 10
Above the usual 8%, charged on the balance for every day settlement is late.
Printed clauses 7, 14 and 23 changedp. 7
Each change moves the contract away from the standard terms both sides normally rely on.
What we check · tap a part
Front page & price111Deposit, GST, land tax, inclusions, the completion date
- Vendor's name doesn't match the titlep. 1
- Price doesn't say whether GST is includedp. 1
- Land tax box not tickedp. 1
Special conditions323Every clause the vendor added or changed
- Early release of depositp. 9
- Default interest at 12%p. 10
- Printed clauses 7, 14 and 23 changedp. 7
- No Christmas and New Year closurep. 12
- Vendor's legal costs if completion is latep. 11
- Agent introduction warning
- Property history disclosedp. 13
- Rates and charges adjusted at settlementp. 8
Title & easements111Owner, title reference, easements and dealings
- A copy of a registered dealing is missingp. 31
- Drainage easement along the rear boundaryp. 31
- Registered dealings listedp. 30
Planning certificate111Zoning, and 20 questions from flood to heritage
- Planning certificate over 6 months oldp. 18
- Flood planning areap. 21
- Zoned R2 Low Density Residentialp. 18
Water & sewer100Where the mains run across the lot
- Sewer main crosses the middle of the lotp. 38
Tap to enlarge
In your full report every item also comes with what it means for you and the question to ask your conveyancer or solicitor.
General information only, not legal advice.