Blue Coast Properties is required to collect and verify certain customer information because real estate businesses in Australia are subject to anti-money laundering and counter-terrorism financing obligations.

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These obligations are imposed under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth), the AML/CTF Rules, and guidance and regulatory expectations issued by AUSTRAC, Australia’s financial intelligence and AML/CTF regulator.

This information is not collected for marketing purposes. It is collected to meet legal and compliance obligations, verify customer identity, assess transaction risk, and keep required AML/CTF records.

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Before Blue Coast Properties can proceed with certain real estate transaction steps, we may be required to complete customer due diligence. This may apply to buyers, sellers, vendors, developers, authorised representatives and other relevant parties involved in a real estate transaction.

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Relevant transaction steps may include expression of interest, contract preparation, contract signing, deposit payment, purchaser name change, nomination or assignment, listing or selling authority, project marketing appointment, settlement-related steps or other transaction support.

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The information collected may include your identity details, contact details, buyer or seller details, property transaction details, deposit payer or payment information, source of funds information, overseas funds information, company, trust or SMSF details where applicable, authority to act, ownership or selling authority information, and supporting documents where required.

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Please complete the relevant verification form truthfully, accurately and completely.

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If the required information is incomplete, unclear, inconsistent or not provided, Blue Coast Properties may be unable to proceed with the relevant transaction step until the information has been submitted and reviewed.

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Information provided will be used for customer verification, transaction administration, AML/CTF compliance review, risk assessment, record keeping and related property transaction purposes.

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Please read this notice before continuing to the relevant verification form. You will be asked to confirm your acknowledgement and consent in the form before submission.

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* Please select the form that applies to your role in the transaction. By continuing, you acknowledge that you have read and understood this notice.