This precedent is a notice to complete.
The purchaser can serve the notice to complete on the vendor following the scheduled date for completion if completion has not yet occurred. The notice to complete can be used where the purchaser is ready, willing and able to complete the contract and wishes to serve on the vendor a notice making the time for completion essential. The notice period is usually 14 days.
This precedent has been authored for Lexis Nexis 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.