Body Corporate Certificate

BODY CORPORATE CERTIFICATE

Certificate Issued By: Body Corporate Name: ; Registration No.: ; Scheme Address: ; Certificate Date: .

To: Recipient Name: ; Recipient Address: ; Lot/Unit: .

RECITALS

WHEREAS the Body Corporate named above is a body corporate established and registered under the applicable strata or owners association legislation and is responsible for the management, maintenance and governance of the scheme identified by Registration No. .

WHEREAS the Recipient requires a certificate of matters of record and financial status for the purpose of transfer, financing or other transaction affecting Lot/Unit within the aforesaid scheme.

WHEREAS the Body Corporate has caused its records to be examined and has requested that this certificate be issued as of the Certificate Date set forth above.

NOW, THEREFORE

The Body Corporate hereby certifies the following information which is true and correct to the best of its knowledge as of the Certificate Date:

1. IDENTIFICATION AND RECORDS

1.1 Scheme Name: . Registration Number: . Date of Establishment: .

1.2 The Body Corporate certifies that it maintains minutes, registers and financial records as required by applicable law and that the information set forth in this certificate is extracted from those records.

2. FINANCIAL STATUS

2.1 Levy Account: As of the Certificate Date, the levy account for Lot/Unit shows the following amounts: Current Levy Arrears: ; Interest and Charges: .

2.2 Special Levies: There is/are special levy(ies) outstanding affecting this Lot/Unit. Outstanding Special Levy Total: . Description/Summary:

2.3 Reserve Fund: Balance as at is .

3. INSURANCE

3.1 The Body Corporate maintains the following insurance coverage for the common property and such interests as required by law: Policy Type(s): . Policy Number(s): .

3.2 No material claims remain outstanding against the insurance policies that would materially affect the insurance cover for common property, except as disclosed below:

4. RESOLUTIONS, RULES AND ENFORCEMENT

4.1 Registered Rules and Special Resolutions: The following special resolutions affecting the scheme have been registered or remain in force and affect Lot/Unit :

4.2 Enforcement Actions: As of the Certificate Date the Body Corporate has initiated the following enforcement actions in relation to the Lot/Unit:

5. RELIANCE, LIMITATION AND INDEMNITY

5.1 This certificate is issued solely on the basis of the Body Corporate's records and is limited to matters expressly set forth herein. The Body Corporate does not warrant the absence of matters not recorded in its registers or minutes.

5.2 The Recipient may rely on this certificate for the specific transaction described in the Recipient's request. The Body Corporate's liability for any claim arising from reliance on this certificate shall be limited to direct damages proven and shall not include consequential or punitive damages. The Recipient agrees to indemnify and hold harmless the Body Corporate from claims arising from third-party reliance beyond the scope of this certificate.

6. REPRESENTATIONS AND WARRANTIES

6.1 The undersigned certifies that they are duly authorized by the Body Corporate to issue this certificate and that, to the best of their knowledge after due inquiry, the facts set forth herein are true and correct as of the Certificate Date.

7. NOTICES

Notices given under this certificate shall be in writing and shall be deemed delivered upon receipt if delivered personally or by registered mail to the notice addresses stated above, or upon electronic transmission when sent to an address previously agreed in writing by the parties.

8. AMENDMENT, WAIVER AND COUNTERPARTS

8.1 No amendment to this certificate shall be valid unless executed in writing by an authorized officer of the Body Corporate. No waiver of any provision hereof shall be effective except in writing signed by the party against whom the waiver is asserted.

8.2 This certificate may be executed in counterparts, each of which shall be an original, and all of which together shall constitute one instrument.

9. GOVERNING LAW, ENTIRE AGREEMENT, SEVERABILITY

9.1 Governing Law: This certificate shall be governed by and construed in accordance with the laws of the jurisdiction in which the scheme is registered.

9.2 Entire Agreement: This certificate embodies the entire certificate of matters represented by the Body Corporate to the Recipient as of the Certificate Date and supersedes all prior oral or written statements with respect to those matters.

9.3 Severability: If any provision of this certificate is held invalid or unenforceable, the remaining provisions shall remain in full force and effect.

ACKNOWLEDGMENT

The Recipient acknowledges receipt of this Body Corporate Certificate and acknowledges that reliance upon the Certificate is subject to the limitations contained herein.

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