Hi,
PEXA has recently expanded their scope to enable e-conveyancing for Queensland commercial property and in response ADL has updated our Commercial Property Sales Contracts to help facilitate the process.
Today we released the new forms with similar conveyancing clauses as we have had in our Residential Sales Contracts since 2015.
Forms that have been updated are:
- Contract for Sale of Commercial Land and Buildings (AU-QLD-RE-CM-012); and
- Contract for Sale of Commercial Lots in a Community Titles Scheme (QLD-RE-CM-015)
Relevant changes have been made to Item 12 (Settlement) and Clause 8 (Settlement) in both contracts.
1. Updating ADLForms
ADLForms should have automatically updated to allow access to the updated forms and the latest version of the software (9.5.7) when you first opened ADLForms today. If this has not occurred then:
- Click the 'Update' button from the main menu of the program. Please allow a few minutes for the forms and/or program to download and install.
- If this fails to update your forms then:
- Select Tools -> 'Re-initialise ADLForms’ from within the Main Menu of the ADLForms program. This will close the program.
- Restart ADLForms and click the 'Update' button.
- If you still do not have the updated forms click here to download and re-install ADLForms.
- If all the above do not result in a successful forms and program update please contact our tech support team for assistance.
Click on the link below to:
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