Further updates to the Form 1 and Form 2 vendor statements will commence on 1 July 2021.
The changes mainly involve updating references to legislation that have changed since the last major Form 1 update in 2014. The new changes are in addition to the recent form updates made in March 2021 to cater for the new Planning and Design Code.
Updated form templates
The updated Form 1 template will be available via the South Australian Integrated Land Information System (SAILIS) from 1 July 2021.
Until 31 August 2021, vendor’s statements may continue to be prepared using the forms that came into operation on 19 March 2021. This transition period will allow industry sufficient time to update their templates.
Forms prepared on or after 19 March 2021 remain valid, and may be served on or after 1 July 2021, provided they are accurate when they are served.
For more information about Form 1 and Form 2 requirements see the Land and Business (Sale and Conveyancing) Regulations 2010. The updated Regulations will be available from 1 July 2021.
The following documents relate to the forms that came into operation on 19 March 2021.