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12 BEFORE BIDDING AT THE AUCTION If you are the successful bidder or you sign this agreement before or after the auction this sale will be legally binding on you. If you are the successful blddei. the auctioneer n1ay sign the Memorandum of Contract on your behalf if you should fail or refuse to do so. It is recommended you seek professional advice before bidding or, if you sign this agreement before or after the auction, before signing. This is especially so if: o o o o o there are any doubts. property such as a hotel or a farm is being sold. The agreement is designed primarily for the sale of residential and commercial property. the property is vacant land in the process of being subdivided or there is a new unit title or cross lease to be issued. there is any doubt as to the position of the boundaries. you wish to check the weathertightness and soundness of construction of any dwellings or other buildings on the land. regulating their use and future development. Memorandum (LIM) from the Council. right of objection or requisition. (JI Fourth Edition 2012 (6) PARTICULARS AND CONDITIONS OF SALE OF REAL ESTATE BY AUCTION This form is copyright to the Real Estate Institute of New Zealand Incorporated and Auckland District Law Society Incorporated DATE: shown on the plans may result in the title b Jog dijfgttiv y I or proposed levies for a long term maintenance fund or any other fund for the maintenance of, or remedial or other work to, the common property. Both parties shouid ensure ihe chatteis iist on the front page is accurate. You should ensure that you understand the GST position, and whether or not GST is payable in addition to the price at which you are bidding. Both parties should seek professional advice regarding the GST treatment of the transaction. This depends upon the GST information supplied by the parties and could change before settlement if that information changes. You should read the Conduct of Auction in clause 2. Address of Property: 31 Sanders Ave, Westown, New Plymouth District VENDOR: VENDOR'S LAWYERS: Firm: Young Carrington+ Ussher Lawyers You should investigate the status of the property undei the Individual Acting: local Council's District Plan. The property and those around Paul Carrington It may be affected by zoning and other planning provisions Contact Details: 46 King Street... POBox845 You should investigate whether necessary permits, consents, New Plymouth 4340 and code compliance certificates have been obtained from Ph: (06) Fax: (06) the Council where building works have been carried out.sr il.ei.., IE=ifiil i ::.: l: fi :;, ::::C =. arr,.:: in=to ::,: n :,::u_ C :::, S ::,::,CO ::,,,,::nz '-- J investigation can be assisted by obtaining a Land 1qt{rtnation,----{, ) PURCHf R: You should check the title to the property bee!le there isp{;. u' Contact Detail You should compare the title plans agaii;ist the physi1, I_,.. location of existing structures where the property is a unit title or cross lease. Structures or alterations i io struct1,1r t In the case of a unit title, before you enter inf!3, the aqre '. "lg ii,-t..., - ffe o the vendor must provide you with pre--ort1r.a tj f l01 t ; 0 di sclosure statement under section 1 _ of the Unit Titles Act 2010, you should check the min tes of the past m a!.lg : of,o F' "' PURCHA 'S LAWYERS:, \ v,!he body corporate, enquire whether there are' Thdividual Acting: issues affecting the units and/or the common property, check the body corporate's long term maintenance plan and enquire whether the body corporate has imposed THE ABOVE NOTES ARE NOT PART OF THIS AGREEMENT AND ARE NOT A COMPLETE LIST OF MATTERS WHICH ARE IMPORTANT IN CONSIDERING THE LEGAL CONSEQUENCES OF ENTERING A BID AT THE AUCTION. PROFESSIONAL ADVICE SHOULD BE SOUGHT REGARDING THE EFFECT AND CONSEQUENCES OF BECOMING THE SUCCESSFUL BIDDER AT THE AUCTION. Contact Details: Auctioneer: Lisa Weston Licensed Real Estate Agent Listing Property: TSB Bank Limited t/a TSB Realty Manager: Gregory Hull Salesperson: Dianne Douds ( ) dianne.douds@tsbrealty.co.nz Contact Details: 120 Devon Street East Central NEW PLYMOUTH 4340 Ph: enauirics@.tsbrealtv.co.nz

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