Full Disclosure
This page sets out, in full, what a land division partnership with us is and what it is not. We would rather say it in plain sight than let you assume otherwise.
1. We hold no licences, and we do not act for you
Curated Property Group Pty Ltd does not hold an Australian Financial Services Licence, an Australian Credit Licence, a land agent's licence under the Land Agents Act 1994 (SA), or any other financial services or credit authorisation. We are not an authorised representative of any licensee.
We are not your agent, representative, adviser, fiduciary or trustee, and we do not accept any of those roles. We partner with property owners in our own capacity and on our own account, as a commercial party with our own interest in the outcome. You should assume our interests and yours are not identical, and you should take your own advice accordingly.
Where a project needs licensed work — surveying, planning, conveyancing, demolition, or selling the allotments — we engage appropriately licensed professionals to do it. A licensed agent sells the allotments, not us.
2. You are not investing money
You contribute your land, not cash. You are never asked to pay us, to deposit funds with us, or to place money under our control, and we never hold money on your behalf. There is nothing to buy into and no subscription, application or unit price.
3. It is not a financial product
Nothing offered, described or referred to on this website is a security, an interest in a managed investment scheme, a derivative, a superannuation product, an insurance product, a deposit product or any other financial product within the meaning of Chapter 7 of the Corporations Act 2001 (Cth).
Nothing on this website is a prospectus, product disclosure statement, offer document or disclosure document of any kind, and no financial service is provided to you.
4. It is not credit, a loan or a mortgage
We do not lend money to you. We are not a credit provider, credit assistant or credit representative under the National Consumer Credit Protection Act 2009 (Cth). You incur no borrowings, make no repayments, and give no security to us for borrowed money.
5. Nothing is pooled
A land division partnership is a direct, one to one contract between you and Curated Property Group Pty Ltd in respect of a single property.
- Your property is not pooled with any other landowner's property
- Contributions are not pooled and there is no common enterprise
- There is no fund, no scheme and no group of investors
- No units or interests of any kind are issued to you
- Your outcome does not depend on how any other project or any other party performs
6. You stay the owner
The land remains registered in your name on the certificate of title until the allotments are sold. No dealing with the land can be registered without your execution as registered proprietor — nothing is sold without your signature.
The written agreement sets out exactly which decisions we manage through the project and which ones require your agreement. Read it, and have your lawyer read it, before you sign.
7. No return is promised
Every financial figure on this website, including the worked example and the calculator, is an illustrative example used to explain how the model works. None of it is a forecast, valuation, guarantee or offer, and none of it takes account of your objectives, financial situation or needs.
We give no guarantee, warranty or assurance as to the value that will be created, the price any allotment will achieve, how long a project will take, or that a project will proceed at all. Planning approval may be refused or conditioned, costs may exceed estimates, timeframes may extend and market conditions may change. A project may create less value than any example shown, or none.
8. Tax and GST are yours to manage
Dividing and selling allotments creates GST and tax consequences. No figure on this website includes GST or tax. You are responsible for your own tax position as the landowner, and we are responsible for ours as the funding partner — we do not pay yours and you do not pay ours, and that split is set out in the agreement before anything starts.
We are not registered tax agents and nothing on this website is tax advice. You need advice from a registered tax agent or accountant before you commit, and that advice needs to be managed through the project rather than sought at the end of it.
9. Get your own advice
Before entering any arrangement with us you should obtain independent legal advice and independent advice from a registered tax agent or accountant. We also encourage you to have your property valued by a qualified valuer so you are fully aware of the facts before agreeing a value. We will always encourage you to do all of this and we will give your advisers whatever they ask for.
10. If this reads wrong to you, tell us
If anything on this website reads to you as though we are offering an investment, we are not, and we would rather you told us so we can fix the wording. Email info@freelanddivision.com.au or call 0452 249 400.
The statements on this page describe our position and our intention. They do not by themselves determine how any arrangement is characterised at law. Any land division partnership is governed exclusively by a separate written agreement, and if there is any inconsistency between that agreement and this website, the written agreement prevails. These disclosures form part of our Terms & Conditions.