Property Disposal Step 4 - Settle and complete the disposal


	Defence Estate Quality Management System (DEQMS) - IM

Site Navigation :: Home>Property Disposal>Settle and complete the disposal

Guidelines for the disposal of surplus Defence real property (land) Property Disposal Step 4 - Settle and complete the disposal
Activity	Considerations	Outcomes of all activites
1) Confirm legislative compliance.	Project Director's Compliance Checklist	Tax Invoice issued Property disposal completed and settled Property retired from Asset Register Project finalised
2) Obtain settlement statement from lawyers.	Full purchase price and GST payable should be readily discernable.
3) Forward tax invoice to Lawyers for settlement: Issue settlement instructions if required.	Contract of sale GST issues Method of payment Date and place of settlement Certificate of Title
4) Complete Notification of Disposal form (settlement).	Ensure proper financial accounting treatments
5) Pay final invoices and write back purchase orders.	ID Account Manager can assist with financial reports.
6) Close the project in ROMAN and update the Property Database.	ID Account Manager can assist with ROMAN details.
7) End of project report.	Lessons learned.