Land Contract

Land Contract

O would like you to read the instruction sheet carefully then write a letter of advice the client BY FOLLOWING THE MARKING GUIDE SHEET. Marking guide sheet needs to be covered point to point, everything thats on the guide sheet I want you to touch on them in the letter. Please also use tiny subheadings for each point so its clear what you are talking about. I HIGHLY RECOMMEND YOU TO COVER EVERYTHING FROM THE GUIDE SHEET. the green writing of the guide is from the Parkvue contract and the blue writing is from the Land contract act. this assignment is worth 50 marks please do the best you can. thank you

Land Contracts: Parkvue Apartment Assignment Marking sheets guide, s.1 2016 Student: MARK OUT OF 50: Grading: High Distinction (HD); Distinction (DI); Credit (CR); Pass (PP); Fail (NN) Presentation As expected Could be improved Unsatisfact ory General preparation Grammar, spelling Relevance to topic Structure of assignment Sections of letter clearly linked Referencing eg. ACL, Subdivision Act Content NN PP CRC DI HD N/A Purpose of letter clear Views of self clearly expressed Recommendations made to clients Topics covered Clear advice Satisfactor y Not covered – unsatisfacto ry Introduction to letter of advice Section 32 pp 38& ff PS unit location pp.46 & 48 Unit title boundaries p.44 Size of unit – measurements Outgoings – financial p.41 Easements p.40 & SC9 & SC42 Zoning pp.40 & 41 & SC1 p.12 Planning permit pp.81-94 Building permit p.41 Services p.42; GC4 & SCs 9 Contract Price p.3 Deposit SC 10 & GC11 Bank guarantee SC 10 Goods p.3 & p.33-34 Margin scheme re GST p.3 & GC13 Vendor company search & PPSA Purchaser (nominee) p.2 Extend 14 days for balance payment Finance p.4 & GC14 Cooling-off s.9AA SLA Notices p.1 Special Conditions (SCs)p. ff PTO SC 4 Representations p. 4 SC 6 & 7 Identity of land pp. 12 & 13 cf GC 3 SC8 Disclosure surface works p. 18 cf. Filling SC 16 p.16 s.9AB SC12 Fencing p.14 SC 13 Planning pp.14 & 15 s. 173 Agreement SC14 Adjustments p.15 SC 15 Land Tax SC17 Environmental pp16 & 17 SC 18 Plan of subdivision p.17 s.9AC SC 19 General Conditions p.18 SC20 Caveat p. 18 SC22 Requisitions p.18 SC23 Stamp Duty p.19 & SC39 p.24 SC 24 building contract DBCA Variations Who is builder ? Occupancy permit defects liability period & SC28.1 Builder Warranty Insurance SC26 Owners Corporation p. 21 Explain OCs & cp Explain unit entitlement /liability OC reinstatement insurance & p. liab Interior Contents by purchasers & p.l. OC rules Proxy? SC26.3; s.89OCA unfair term? SC 27 Encumbering unit cf SC32 vendor assigning SC 34 Severability; SC35 Waiver & SC37 Merger SC 36 Default expenses p.23 & GC 25 p.10 SC 41 Penalty interest p.24 and compare GC26 p.10 SC43 Staged subdivision pp.25 & 26 Final inspection GC 22 Engineer advice now & for final inspection Costs Plain English explanations for caveat, cp, , unit liability etc PTO Comments:

 

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