Ownership of a water allocation title can be traded, similar to the sale of land title transfer types: WA sale; Devised by Will; Deed of Gift; Court Order; Mortgagee in Possession.
Upon entering a sale contract the purchaser and seller complete an Application for Water Supply Contract Form. The application is completed and submitted to Sunwater with the required documentation detailed on the form.
Required documents to commence must be provided by Solicitor/Purchaser:
- Application for Water Supply Contract Form
- Customer Profile Form— for all new customers
- Copy of Sale Contract or Completed Form 1 & 24
- Company Search (if Purchaser is a company)
- Full Trust Name details (if Purchaser is a Trust)
- Death Certificate and the applicable Title document/s 4, 5, 5A or 6 (if Deceased Estate)
- Water Allocation searches for all water allocations.
Required documents to complete must be provided by Solicitor/Purchaser:
- Copy of Stamped Form 1 & 24
- If a Financier is lodging documents with Titles provide contact details of the Financier (if applicable)
- Return signed Deed of Guarantee (if applicable)
- Copy of Registration Confirmation Statement/s (RCS) issued by the Department.
All required documentation can be sent to Sunwater via the preferred method of email or alternatively post.
Post: Customer Support, Sunwater Limited, PO Box 15536, CITY EAST QLD 4001
Steps — Commence Purchase/Transfer
- Sunwater receives the application form and required documents from Solicitor/Purchaser
- We will assess the application and review the documents and the customer’s water accounts
- If further information or direction is required, Sunwater will email a Request for Further Information to Solicitor/Purchaser for a response (e.g. payment of outstanding account, security or guarantee requirements)
- Sunwater receives the additional information and/or direction from Solicitor/Purchaser
- We will issue by email the self-executing Water Supply Contract/s, these do not need to be signed and returned to Sunwater
- We will issue by email the Deed of Guarantee (if applicable) to Solicitor/Purchaser, which must be signed and returned to Sunwater
- We will issue by post the Notice to Registrar (NTR) to Solicitor/Purchaser
Steps — Complete Purchase/Transfer
- Solicitor/Purchaser is to provide Sunwater with a copy of the Stamped Form 1 & 24, Financier contact details (if applicable) and signed Deed of Guarantee (if applicable) to allow the transfer of the water allocation from the Seller’s account to the Purchaser [see note below]
- On receipt of Stamped Form 1 & 24, Financier contact details and signed Deed of Guarantee, Sunwater will transfer the water allocation to the Purchaser
- Solicitor/Purchaser to provide copy of Registration Confirmation Statement (RCS) to Sunwater when transfer is registered at Titles and on receipt, Sunwater provides a release of supply contract letter to the Seller.
Please note: If the Stamped Form 1 & 24, RCS or Financier contact details are not supplied to Sunwater within 20 business days of issuing the ‘Notice to Registrar’, Sunwater will conduct Water Allocation search/es. All search fees incurred will be invoiced to the Purchaser.
Response time by Sunwater
Our aim is to complete all applications efficiently and within an acceptable timeframe.
The following is a guide on our response times:
- Issue self-executing Water Supply Contract/s, Notice to Registrar and Deed of Guarantee (if applicable): 5 business days from receipt of fully completed application form and ALL required documents/forms and any Request for Further Information.
An Administration and Transfer Fee is applicable and an invoice for the fee is emailed to the Solicitor/Purchaser upon receipt of the application. Current fees can be obtained from the Fees & Charges Schedule.