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A financial search (statement of account) reveals the amount of money owing to Lands on Crown land holdings as at a given date.
Holding is a term used to describe either an incomplete purchase, a perpetual lease, a term lease, a special lease or a permissive occupancy granted under the Crown Lands (Continued Tenures) Act 1989, or any lease or licence granted under the Crown Lands Act 1989.
When you are purchasing a property - especially waterfront land or rural properties adjacent to Crown land or Crown roads - you should discuss the need for a financial search with your solicitor.
For further information on waterfront and rural properties, refer to licences and enclosure permits.
Lands can provide financial searches on all Crown land holdings. Search applications can be made by:
The search (known as 'statement of account') is generally faxed or posted within five (5) working days of receipt of the application. Please not ethat the search attracts a fee and payment must accompany the application.
The search application should provide the following information:
For further information, please call toll free 1800 641 596.