Frequently asked questions
Eckermanns Form 1 Portal is an online platform developed by the Eckermann Forms team to provide partner agents with an easy way to manage their Form 1 requests with Eckermanns. Not only do you get the I’s dotted and T’s crossed, you know that once you have requested the preparation of your Form1 via the portal that there is an expert team of specialists behind the scenes making sure that the Form 1 process is completed as soon as possible.
With the Eckermann Forms Portal, you can complete the Vendor’s Questionnaire directly with the Vendor, have them sign page 3 and then serve Form 1 on the Purchaser via email by just hitting a submit button.
Eckermann Forms was established in 2010, providing real estate agents and vendors a dedicated team of Form 1 specialists to:
- relieve the burden of Form 1 preparation and certification from agents, allowing them to concentrate on what they do best, and
- provide additional comfort to vendors safe in the knowledge that specialist subject matter experts are preparing this important documentation on their behalf. Given the serious consequences of defective Form 1s this is extremely important
In South Australia, it is a legal requirement (under Section 7 of the Land and Business (Sale and Conveyancing) Act 1994) when selling a property to disclose certain particulars relating to the purchaser’s land. This disclosure is called a Vendor’s Statement or Form 1.
Serving a Form 1 to a purchaser will activate the two clear business day cooling-off period when it is possible for purchaser to change their mind and “cool-off” on the contract in writing.
When buying at auction where there is no cooling off period. The Form 1 is required to be available for viewing for at least three working days prior to the day of the auction at the office of the real estate agency conducting the sale. The Form 1 must also be on display for 30 minutes prior to the start of the auction. It is a lengthy document and we recommend you ask your conveyancer to review the Form 1 for you.