Property transfers

Information Statements

When buying or selling a property your Solicitor or Conveyancer may apply for an Information Statement from Gippsland Water. An Information Statement will detail any rates and charges, as well as any encumbrances on the property.

An information statement provides:

• Details of Rates and Encumbrances related to the property.
• A financial statement detailing outstanding monies owed on the property.
• Any indemnity or agreement required by us with regards to the property.
• A Special Meter Reading when required. If a settlement date is supplied, a special Meter reading will be taken on that date to establish water usage since the last billed meter reading.

Information statements are provided to solicitors, conveyancers and customers doing their own conveyancing.

A property inquiry application form must be completed, listing all the details of the sale, including:

• Address of the property being sold
• Title details, including a copy of title or plan of subdivision
• Names of the vendor(s) and purchaser(s)
• Settlement date

If applicable, the following information is also needed:

• Commercial properties – is it sale of freehold or business? Please be advised that Gippsland Water will not produce an Information Statement for a sale of business. An Information Statement is in relation to the land only. If you require any information to a sale of business, please refer your enquiries to the property owner.
• Tenanted residential properties – are the tenants staying or moving out?

Notice of Acquisitions and Dispositions

When a property is sold it is the Solicitor or Conveyancers responsibility to provide Gippsland Water with a notice of disposition (for vendor) or a notice of acquisition (for purchaser) to allow Gippsland Waters property ownership records to be updated.

We require a notice of acquisition or disposition within 10 days of settlement to ensure change of ownership occurs when the property is transferred.

The information provided should include:

• Settlement date
• Address of the property being sold
• Title details
• Names of the vendor(s) and purchaser(s)
• Date of birth of the purchaser(s)
• Forwarding addresses for vendor(s) and/or purchaser(s) if no other address information has been provided.

Property Information team contacts
Ph: 1800 050 500
Fax: 03 5174 4182