For lawyers and conveyancers in Victoria

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 Victorian 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 caveat over the land title prohibiting Transfer of Land only. The caveat will appear in Encumbrances, Caveats and Notices.

A property participating in Homes for Homes will be disclosed to the purchaser as a special condition in the contract of sale. By executing the Homes for Homes special condition and keeping the property registered with Homes for Homes, the purchaser is continuing the promise and joins a growing number of 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 may be, 0.1% of their sale price will also be donated helping grow the pool of donated funds.

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.