For sellers – information to obtain from the buyer to give to your lawyer to prepare a contract It will help in keeping legal fees minimal if you can find out the following information from the Buyer, to pass onto your lawyer for when they prepare the contract.

1. Full name of buying entity – this may be individual names, a company and/or a trust. This is to include middle names if individuals and an ACN if a company.
2. Address, phone number and email address of the buyer.
3. Details of their lawyer – if known at this stage. It is to include the firm name, their address, phone number, fax number and email and the name of the contact person.
4. Details of their accountant. It is to include the firm name, their address, phone number, fax number and email and the name of the contact person.