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If you’re interested in purchasing shares and units in a company in 2025, it’s vital that you receive updated legal advice from an experienced lawyer so you understand the sale and follow the correct legal procedures. With evolving regulations and corporate reforms seen over recent years, ensuring that your share and unit sale complies with the latest legal requirements is more important than ever.
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 comprehensive and has been updated to reflect the current requirements for 2025. It covers everything from initial contract reviews to post-settlement advice – ensuring you’re fully supported throughout the process. It’s also a good idea to review your existing agreements with our contract review and redraft service to ensure any changes by the purchaser’s lawyer meet today’s legal standards.
- Reviewing any changes made to the Share and Unit Sale Agreement by the purchaser’s lawyer, and incorporating modifications that align with 2025’s legislative updates. Learn more about our contract drafting services.
- Advising you on the next steps after signing the Agreement, including guidance on corporate compliance and statutory notifications.
- Performing a comprehensive PPSR search, advising you on which security interests to arrange, and assisting you to effect this in line with current regulations.
- Preparing various share and unit documents required under the Agreement, ensuring they comply with the latest legal guidelines. For further insights on essential legal documents, check out our legal documents guide.
- Drafting any required resolutions and meeting minutes that complete your contractual obligations under the Agreement.
- Advising you on what you need to furnish to the purchaser at completion, ensuring all documentation is accurate and up-to-date.
- Submitting an application to assign leases, thereby ensuring all commercial and property matters meet current standards. Our commercial lease experts can provide further assistance.
- Providing assistance with applying for the assignment of up to two additional contracts if needed – our team can help clarify the differences between assignments and novations through our Assignment and Novation Agreements service.
- Coordinating a detailed schedule for completion that aligns with your corporate timelines.
- Preparing a comprehensive completion statement and liaising with you or your accountant to ensure all figures are correct and comply with current tax regulations. For additional guidance, our Master Your Tax Admin article is a useful resource.
- Providing post-settlement advice, including guidance on updating corporate records and fulfilling any subsequent statutory requirements. For more details on post-registration steps, see our post-registration checklist.
In today’s dynamic business environment, particularly in 2025, it’s more important than ever to engage professionals who are well-versed in the latest legal procedures and regulatory frameworks. Whether you’re negotiating the terms of the sale or organising post-transaction compliance, our seasoned team is equipped to provide tailored advice throughout your share and unit sale journey. You may also wish to explore our resources on Company Set-Up and Contractor Agreements to ensure every aspect of your business complies with current law.
Need Help?
Here at Sprintlaw, we are highly experienced in Share and Unit Sales. If you require assistance or want to update your legal documentation in line with 2025’s developments, feel free to reach out to us at team@sprintlaw.com.au or on 1800 730 617.
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