Unit Titles Regulations 2011

Form 18 Pre-contract disclosure statement

Section 146, Unit Titles Act 2010

Unit plan: [reference number]

Body Corporate Number: [number]

Unit number: [number]

Pre-contract disclosure statement
1

This pre-contract disclosure statement is provided to prospective buyers of the property in accordance with section 146(1) of the Unit Titles Act 2010.

General information
2

[Set out a brief explanation of each of the following:

  • unit title property ownership:

  • unit plan:

  • ownership and utility interests:

  • body corporate operational rules:

  • pre-settlement disclosure:

  • additional disclosure:

  • record of title:

  • land information memorandum:

  • easements and covenants.]

3

Further information about the matters set out above can be obtained from [name, address].

Information about the unit
4

The amount of the contribution levied by the body corporate under section 121 of the Unit Titles Act 2010 in respect of the unit is $[amount].

5

The period covered by the contribution in paragraph 4 is [period].

6

The body corporate proposes to levy $[amount] under section 121 of the Act in the next 12 months.

7

The body corporate proposes to carry out the following maintenance on the unit title development in the next 12 months: [set out details of proposed maintenance].

8

The body corporate has the following accounts: [set out details of every bank account held by the body corporate].

9

Under section 148 of the Unit Titles Act 2010, a buyer may request an additional disclosure statement before the settlement of an agreement for sale and purchase of a unit. The buyer must pay to the seller all reasonable costs incurred by the seller in providing the additional disclosure statement. The estimated cost of providing an additional disclosure statement is $[amount].

10

Select the statement that applies.

The unit or the common property is, or has been, the subject of a claim under the Weathertight Homes Resolution Services Act 2006 or other civil proceedings relating to water penetration of the buildings in the unit title development.

or

The unit or the common property is not currently, and has never been, the subject of a claim under the Weathertight Homes Resolution Services Act 2006 or any other civil proceedings relating to water penetration of the buildings in the unit title development.

Date: [day, month, year]

Signed:

Schedule 2 form 18: amended, on 12 November 2018, by section 250 of the Land Transfer Act 2017 (2017 No 30).