The Particulars tab

The Particulars tab is where you capture what is being sold, the deposit and settlement mechanics, the land tax position, and any conditions on the sale. The field set differs by state.

Occupancy status

Whether the property is Vacant possession or Subject to tenancies. Selecting Subject to tenancies opens the Tenancy tab for the lease details - see The Tenancy tab.

Where the status is Subject to tenancies and no tenancy agreement sits in the list on the Tenancy tab, a Tenancy agreements missing warning appears above the dropdown.

Improvements

NSW NSW: details specific to New South Wales reviews

This section applies only to New South Wales reviews.

The physical improvements on the land. Pick from the dropdown or add your own value.

Inclusions

Items being included with the sale beyond the land and structures - fixtures, fittings, appliances, anything else the vendor is leaving behind.

Exclusions

Items the vendor is taking with them that might otherwise have been assumed to stay.

Deposit bond accepted

NSW NSW: details specific to New South Wales reviews

This section applies only to New South Wales reviews.

Whether the vendor will accept a deposit bond in place of cash.

Nominated Electronic Lodgment Network

NSW NSW: details specific to New South Wales reviews

This section applies only to New South Wales reviews.

The ELN nominated for settlement, if one is named on the contract.

Land tax

NSW NSW: details specific to New South Wales reviews

This section applies only to New South Wales reviews.

Ria works out the land tax position and records it on Purchaser land tax liability, with a Ria Finding giving her reasoning. Where the liability is conditional, a further field captures the condition it depends on.

Purchaser surcharge land tax liability carries a finding of its own and records whether the purchaser is liable for a portion of the vendor’s surcharge land tax at settlement.

GST residential withholding

NSW NSW: details specific to New South Wales reviews

This section applies only to New South Wales reviews.

GSTRW payment required records whether GST residential withholding applies. The GST liability and whether the price includes GST are on the Exchange tab.

Contract subject to

VIC VIC: details specific to Victoria reviews

This section applies only to Victoria reviews.

Any conditions the sale is subject to, captured under the Subject to label.

Scheme Records Manager

NSW NSW: details specific to New South Wales reviews

This section applies only to New South Wales reviews.

For strata properties, the scheme records manager named on the contract.