Our Ref <<Buy|Our Reference>>

7 May 2012

<<Buy|Client|Title Initial Surname>> <<Buy|Client|Mailing Address>>

Dear <<Buy|Client|Salutation Addressee>>

YOUR PURCHASE FROM <<BUY|VENDOR|SURNAMES ONLY>> PROPERTY <<BUY|PROPERTY DET AILS|ADDRESSSUBURB>>

We confirm contracts for the purchase of the above property were formally exchanged on <<Buy|Settlem ent|DateOfExchange||longdate>>. The deposit monies of <<Buy|Monies|DepositPaid>> have been paid to the vendors agent and those monies will now be invested by the agent for the mutual benefit of the parties pending settlement. In this regard it would be beneficial to ensure the agent has your tax file num ber. Settlem ent of the transaction is to be effected on or prior to <<Buy|Settlement|DateOfSettlem ent||longdate>>. Time is not of the essence in this regard. We have commenced all usual searches and enquiries in relation to the title of the property and will report to you on the results of those enquiries as replies are received by us. The contract is now of course liable for payment of stamp duty and in this regard please let us have a bank cheque in favour of Office of State Revenue for <<Buy|Monies|Duties>> to cover the cost of such duty, within 2 weeks of the date of this letter. Please also let us have a cheque for $500.00 in favour of this firm on account of necessary disbursements to be incurred in the transaction. We note your initial instructions that you will be assisted with finance through <<Buy|Bank|Financial Party Name>>. We have been in contact with that financier and have requested mortgage docum ents to be prepared. We will keep you informed with respect to those documents. If you have any queries or concerns with your purchase, please phone <<Buy|Fee Earner Name>> on <<Buy|My Details|Phone>> otherwise we look forward to receiving the monies m entioned above at your earliest convenience.

Page Date To

2 7 May 2012 <<Buy|Client|Title Initial Surname>>

Yours faithfully <<BUY|MY DET AILS|MY FIRM NAME>>

<<Buy|My Details|Fee Earner Signature>>