For lawyers and conveyancers in South Australia

Once a property is registered with Homes for Homes, it continues to participate even when the property is sold, facilitating a 0.1% donation of the sale price at time of sale by subsequent homeowners. This creates a long-term donation stream. Donated funds are granted to housing associations to increase the supply of social and affordable housing, providing shelter to some of Australia’s most vulnerable people.

When representing a buyer

Scan of a South Australian Land Title

A buyer may purchase a property participating in Homes for Homes. A simple title search will let you know if it is. All participating Homes for Homes properties are easily identifiable. Homes for Homes recognises a property’s participation through registering a permissive caveat over the land title. The caveat will appear in Schedule of Dealings.

A property participating in Homes for Homes will be disclosed to the purchaser as a special condition in the contract of sale. By keeping the property registered with Homes for Homes, the purchaser is continuing the promise and joins a growing number of Australian homeowners making a difference to help solve one of Australia biggest social issues—homelessness. When the purchaser decides to sell the property in the future, whenever that maybe, 0.1% of the sale price from their sale will also be donated.

Withdrawing participation

As a voluntary initiative, the proprietor on title can withdraw a participating property at any time. Homes for Homes can only act on the instructions of the proprietor, so if your client wishes to withdraw, please instruct your client to email Homes for Homes at [email protected]. Upon receipt of request, Homes for Homes will instruct our legal representative to prepare and lodge a Withdrawal of Caveat via PEXA. Homes for Homes will notify the proprietor when the property has ceased participation.

If the Withdrawal of Caveat is to be lodged as part of a settlement transaction electronically, we will confirm our legal representative acting on behalf of Homes for Homes and request you invite Homes for Homes’ legal representative into the PEXA workspace. Our legal representative will prepare and execute the Withdrawal of Caveat on behalf of Homes for Homes.

If the Withdrawal of Caveat is to be lodged as part of a settlement transaction that is not being lodged electronically, a paper Withdrawal of Caveat Form will be provided to the requesting party.