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Purchasers statutory declaration of dutiable value State Revenue Office Department of Treasury and Finance About statutory declarations A statutory declaration is a written statement declared to be

How to fill out purchasers statutory declaration

How to fill out purchasers statutory declaration:

1. Obtain the necessary form: First, you need to obtain the purchasers statutory declaration form. This form is typically provided by the relevant authority, such as a government agency or a legal professional. It may also be available online for download.
2. Read the instructions: Before filling out the form, carefully read the instructions provided. These instructions will guide you on how to accurately complete the statutory declaration. Pay close attention to any specific requirements or information that needs to be included.
3. Fill in personal details: Start by filling in your personal details, such as your full name, address, contact information, and any other required information. Ensure that all the information provided is accurate and up to date.
4. Declare the purpose: Next, state the purpose of the statutory declaration. This is usually related to a specific transaction or legal requirement. Clearly and concisely state the purpose to avoid any confusion.
5. State the facts: In the main body of the statutory declaration, provide a statement of the facts relevant to the purpose. This may include details of the transaction, property, or any other relevant information. Be clear and provide all necessary details to support your statement.
6. Sign and date the declaration: At the end of the document, sign and date the statutory declaration. This signature affirms that the information provided is true and accurate to the best of your knowledge. Ensure that the signature matches the name provided in the form.
7. Witness the declaration: In some jurisdictions, a statutory declaration requires a witness. Check the requirements in your jurisdiction and have a qualified individual witness your signature. The witness should sign and provide their details, including their name, address, and occupation, if required.

Who needs purchasers statutory declaration:

1. Buyers or purchasers: Individuals or entities who are purchasing or acquiring property, goods, or services may be required to submit a purchasers statutory declaration. This declaration serves as a legally binding statement of the facts related to the transaction.
2. Legal and regulatory authorities: Government agencies, courts, or other legal and regulatory bodies may require purchasers statutory declarations as part of their due diligence processes. These declarations help ensure transparency, accuracy, and compliance with relevant laws and regulations.
3. Sellers or service providers: In some cases, sellers or service providers may request a purchasers statutory declaration from buyers as a means of verifying their eligibility, financial capacity, or compliance with certain requirements. This helps mitigate risks and protects the sellers or service providers' interests.
4. Financial institutions: Banks, lending institutions, or mortgage providers may require purchasers statutory declarations from borrowers in order to assess the risk associated with a loan or mortgage application. These declarations help verify the borrowers' financial situation and eligibility for credit.

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What is purchasers statutory declaration?

Purchasers statutory declaration is a legal document signed by the buyer of real property stating that all the information provided in the sale transaction is true and accurate.

Who is required to file purchasers statutory declaration?

The buyer or purchaser of real property is required to file purchasers statutory declaration.

How to fill out purchasers statutory declaration?

Purchasers can fill out the statutory declaration by providing accurate information about the sale transaction and signing the document in the presence of a witness.

What is the purpose of purchasers statutory declaration?

The purpose of purchasers statutory declaration is to ensure that the buyer of real property is providing truthful information about the sale transaction.

What information must be reported on purchasers statutory declaration?

Buyers must report details about the sale transaction, including the purchase price, property address, and any conditions of sale.