Purchase Procedure
1. Payment of an Initial Refundable Deposit (IRD) with your Sales Executive reserves your apartment of choice. If you do not proceed to purchase an apartment, your IRD is fully refundable.
Due to Foreign Investment Review Board requirements, the following photo ID is required to be produced for each purchaser regardless of whether they are a Foreign Purchaser or local purchaser:
a. Passport; or
b. Australian Drivers Licence
IRD’s can be paid by electronic transfer to the below account
Initial Refundable Deposit Amount $10,000
Account Name ALAND Realty T/as ALAND Direct Sales Trust Account
Bank Macquarie Bank
BSB
Account #
Reference
182 222
304 513 534
Please provide project name, IRD and surname in the reference e.g. The Walden Sydney IRD Smith
Please provide remittance directly to your agent.
2. Provide your Agent, your solicitor or conveyancer details so the contract can be prepared and issued to your solicitor.
We’ll have a Contract for Sale drawn up, ready to be reviewed by your legal representative. You will be required to exchange the contract with a 66W certificate within 5 business days of the contract being issued.
3. Contract Exchange
Once your solicitor or conveyancer has finalised their review of the contract, you will be required to sign the contract electronically, then countersigned by the vendors solicitor.
4. Payment of the Deposit
You will have up to ten (10) business days from the date of exchange to pay the balance of the deposit.