The precedent is used once the transfer is received from the purchaser’s representative. The vendor should execute the transfer form and return the form to the vendor’s representative in readiness for settlement.

This precedent has been authored for LexisNexis by Daniela Terruso, Director, Intelmar Pty Limited.

This document is prepared with the assistance of General Editor Christopher Conolly, Partner, TressCox Lawyers and Specialist Editor, Peter Rosier, Principal, Rosier Partners Lawyers.