What You Need To Know About Share And Unit Sales

If you’re interested in purchasing shares and units in a company, it’s vital that you receive legal advice from an experienced lawyer so you understand the sale and follow correct legal procedure. 

What Is Involved In A Share And Unit Sale?

There are many legal considerations you’ll need to make when engaging in a share and unit sale. Our Share and Unit Sale package is quite comprehensive and includes the following:

• Reviewing changes made to the Share and Unit Sale Agreement by the purchaser’s lawyer and making changes to the document before it is signed
• Advising you in your next steps after signing the Agreement
• Performing a PPSR search, advising you of which interests to arrange, and helping you effect this
• Preparing various share and unit documents required under the Share and Unit Sale Agreement
• Preparing any resolutions and minutes of meetings that are requirements of the Agreement
• Advising you on what you need to furnish to the purchaser at completion
• Submitting an application to assign leases
• Assistance with applying for assignment of a maximum of 2 additional contracts (if needed)
• Schedule completion
• Preparing a completion statement and liaising with you or your accountant
• Advising you on any post-settlement steps you need to complete

Need Help?

Here at Sprintlaw, we are highly experienced in Share and Unit Sales. Feel free to reach out to us at team@sprintlaw.com.au or on 1800 730 617.

Justine Wu

Justine is a legal consultant at Sprintlaw. She has experience in civil law and human rights law with a double degree in law and media production. Justine has an interest in intellectual property and employment law.