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NZRET details that must be on every contract under the deposit section and in the Appendix or further tems of sale

Wording to copy:

To be paid to Public Trust o/a NZ Real Estate Trust Account upon this agreement becoming unconditional or

To be paid to Public Trust o/a NZ Real Estate Trust Account upon acceptance of this agreement

 

You must also add the REINZ NZRET clause to the further items of sale /Appendix page as follows:

 

The Vendor and Purchaser agree that the deposit payable under this Agreement will be lodged with Public Trust, to be held on behalf of the Vendor and the Purchaser, NZ Real Estate Trust is an independent third party trust account service provided by SafeKiwi (New Zealand) Limited.  SafeKiwi (New Zealand) Limited acts as a stakeholder in respect of the deposits paid into NZ Real Estate Trust.  Interest earned on the deposit whilst it is held by Public Trust is payable to SafeKiwi (New Zealand) Limited.  Terms of Use can be viewed at www.realestatetrust.co.nz/termsofuse

Wording to copy:

To be paid to Public Trust o/a NZ Real Estate Trust Account upon this agreement becoming unconditional or

To be paid to Public Trust o/a NZ Real Estate Trust Account upon acceptance of this agreement

 

You must also add the REINZ NZRET clause to the further items of sale /Appendix page as follows:

 

The Vendor and Purchaser agree that the deposit payable under this Agreement will be lodged with Public Trust, to be held on behalf of the Vendor and the Purchaser, NZ Real Estate Trust is an independent third party trust account service provided by SafeKiwi (New Zealand) Limited.  SafeKiwi (New Zealand) Limited acts as a stakeholder in respect of the deposits paid into NZ Real Estate Trust.  Interest earned on the deposit whilst it is held by Public Trust is payable to SafeKiwi (New Zealand) Limited.  Terms of Use can be viewed at www.realestatetrust.co.nz/termsofuse