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FORM 3 Certificate of Legal Practitioner and Waiver by Purchaser Land and Business Sale and Conveyancing Act 1994 Part A Certificate of Legal Practitioner sections 5 and 16 I certify that of Name s of purchaser s of Address es of purchaser s has/have received independent advice from me in relation to the land or business described below concerning the signing of a proposed contract for the purchase of the land or business and the loss by the purchaser on the provision of my advice and the execution of this certificate of any cooling-off period otherwise applicable to the proposed contract under section 5 of the the waiving of compliance with the requirement under section 7 of the Land and Business Sale and Conveyancing Act 1994 that the vendor at least 10 clear days before the date of settlement serve or cause to be served on the purchaser a vendor s statement. date of settlement serve or cause to be served on the purchaser a vendor s statement. Describe the requirement to be waived and specify the section in Part 2 of the Land and Business Sale and Conveyancing Act 1994 in which it occurs. Use separate items for each requirement Description of the land include the address of any premises at which the business is conducted Name s of vendor s Dated Signed Name of legal practitioner Name of firm Address of firm Strike out the option that is not applicable. / / 20 Part B Instrument of Waiver by Purchaser section 16 To the Vendor s I/We being the purchaser s of the land or business described in Part A above having sought and obtained independent advice from being the legal practitioner whose certificate in relation to the giving of that advice is contained in Part A above waive the requirement under section 7 of the Land and Business Sale and Conveyancing Act 1994 that the vendor at least 10 clear days before the date of settlement serve or cause to be served on the purchaser a vendor s statement setting out the purchaser s cooling-off rights under section 5 of the Act and the particulars required by section 7. or cause to be served on the purchaser a vendor s statement setting out the purchaser s service of a Form 1 entirely Describe in the same terms as in Part A above the requirement to be waived and specify the section in Part 2 of the Land and Business Sale and Conveyancing Act 1994 in which it occurs. date of settlement serve or cause to be served on the purchaser a vendor s statement. Describe the requirement to be waived and specify the section in Part 2 of the Land and Business Sale and Conveyancing Act 1994 in which it occurs. Use separate items for each requirement Description of the land include the address of any premises at which the business is conducted Name s of vendor s Dated Signed Name of legal practitioner Name of firm Address of firm Strike out the option that is not applicable. Use separate items for each requirement Description of the land include the address of any premises at which the business is conducted Name s of vendor s Dated Signed Name of legal practitioner Name of firm Address of firm Strike out the option that is not applicable. / / 20 Part B Instrument of Waiver by Purchaser section 16 To the Vendor s I/We being the purchaser s of the land or business described in Part A above having sought and obtained independent advice from being the legal practitioner whose certificate in relation to the giving of that advice is contained in Part A above waive the requirement under section 7 of the Land and Business Sale and Conveyancing Act 1994 that the vendor at least 10 clear days before the date of settlement serve or cause to be served on the purchaser a vendor s statement setting out the purchaser s cooling-off rights under section 5 of the Act and the particulars required by section 7. .

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Keywords relevant to AU Form 3

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  • Vendors
  • waived
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  • compliance
  • particulars
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  • requirement
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