REIQ Contract Update: Pool Compliance Certificates

Ownit Conveyancing Pool Compliance Certificates

Do you have a pool at the property you’re just about to sell? Do you have your Pool Compliance Certificate on hand? 

Sellers are required to provide the buyer with a Pool Compliance Certificate prior to settlement.

The new updates to the REIQ Contract have simplified the pool related provisions of the contract and a seller is now required to provide a Pool Compliance Certificate for a non-shared pool at or prior to settlement.

The only exception to this is if a “Notice of No Pool Safety Certificate” is given to the buyer prior to the contract being executed.

A failure to hand over the certificate at or prior to settlement will allow a buyer to terminate the contract. The seller should make enquiries with a pool safety inspector as early as possible to avoid issues with obtaining an inspection with enough time to obtain the certificate prior to settlement.

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Andrew Francey


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Andrew has over two decades experience in high growth fast moving consumer goods, agribusiness and professional services. Supporting the Ownit team to deliver on client expectations, and implementing processes to scale the organisation, is a key focus for Andrew.

Andrew is a C-Suite leader with Chairman and Board experience.  He has formal qualifications in Business, Applied Finance and AICD Company Directors Course.

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