DISCLOSURE STATEMENT
“a disclosure statement provided by the seller, containing essential information about the body corporate that you will become a member of through purchasing this property (e.g. the amount of annual contributions currently set by the body corporate and payable by the lot owner).”
Extract from Queensland Government Information Sheet Form: BCCM Form 14
In order to comply with ‘The ACT’ a search will need to be undertaken of the Body Corporate records when the lot is listed for sale. The Seller may need assistance to carry out a search of the Body Corporate books as it is not the responsibility of the Body Corporate Manager to complete any of this information on behalf of the seller.
Cairns Search Agents offers a custom service in providing Disclosure Statements suitable for use with the REIQ standard UNIT SALE CONTRACT.
Follow this link to our Body Corporate Search Owner Disclosure Statement Request Form (Print version only)
NOTE: This FORM can NOT be filled in on line.
Please print your form to complete.
When completed simply email as an attachment to sales@cairnssearchagents.com.au or Fax to 07 4056 8166
PLEASE NOTE:
CREDIT POLICY PRE-PAY
- pre-pay us directly in to our bank account, details are on the Request Form, and fax to us a copy of deposit slip or other confirmation (a fax of a cheque is not acceptable) together with the request completed request form. On receipt we will proceed directly with the search.
EXTRACT FROM s206 Body Corporate and Community Management Act 1997
S206 Statement to be given by seller to buyer
(1) The seller (the seller) of a lot included in a community titles scheme (including the original owner of scheme land, or a mortgagee exercising a power of sale of the lot) must give a person (the buyer) who proposes to buy the lot, before the buyer enters into a contract (the contract) to buy the lot, a disclosure statement.
EXTRACT FROM s213 Body Corporate and Community Management Act 1997
S213 Statement to be given by seller to buyer
(1) Before a contract (the contract) is entered into by a person (the seller) with another person (the buyer) for the sale to the buyer of a lot (the proposed lot) intended to come intoexistence as a lot included in a community titles scheme whenthe scheme is established or changed, the seller must give thebuyer a disclosure statement.
QUALIFICATIONS AND EXCLUSIONS
- The information in the Disclosure Statement is compiled from the books and records of the body corporate and, where possible from conversations with officers of the body corporate and/or the body corporate manager.
- We rely on the accuracy and completeness of the body corporate books & records, the truthfulness of the officers and agents of the body corporate and/or the body corporate managers.
- We rely on the officers of the body corporate and/or the body corporate managers to act lawfully in the discharge of their duties.
- We accept no responsibility for the unlawful actions, inaccuracies or untruthfulness of the abovementioned officers of the body corporate and/or the body corporate managers.
- Where possible this information has been checked against our database of previous inspection reports, However you should be aware of the possibility that all of the body corporate records may not, (despite our best efforts and procedures) have been provided for inspection, may not have contained all the relevant information as required by the Act, or may not be accurate.
- All services, including but not derogating from the generality hereof, advice, comments, reports, opinions, valuations or inspections to be executed, performed or carried out by us, our servants or agents shall not be responsible for any loss or damage howsoever or to whomsoever caused or arising out of any negligence, error of judgment, typing error or any breach of any terms of any agreement express or implied and whether such breach amounts to a fundamental, wilful or total breach of such agreement.
- No responsibility is accepted to any third party who may use or rely upon any part or the whole of the contents of the disclosure statement.
