Categories for REIWA

Listed, Sold or buying a property market value of $2 mil. or over?-ATO clearance certificate is required!

26/7/2016
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Contracts dated 1 July 16 on wards, will have the new requirements on ALL transactions with market value of $2 million or over.  Unless the Seller provides an Australian Taxation Office (ATO) ‘clearance certificate’ for each registered proprietors name (matched to the title) to the buyer 2 business days prior to settlement (-timing subject to REIWA special condition).Then the Buyer must withhold 10% of the Purchase price (more specifically the ‘First element of the cost base’-Capital Gains Tax defined term)...

Private sale or purchase and need an O&A form..?

13/6/2014
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This “Contract for Sale of Land or Strata Title by Offer and Acceptance” form is owned by the Real Estate Institute of Western Australia (REIWA).  REIWA used to supply the form to major newsagents like Newspower. Some might still have stock but if experiencing difficulty try the REIWA Stationery Shop (based in Subiaco) directly.  The number is +61 8 9380 8222 or email your order with Credit card details and return postal address on “stationery” at “reiwa.com.au”  Bear in mind that you...