In addition to including the purchase price, deposit amount and settlement date, the contract of sale should contain the entire understanding and the whole agreement between the vendor and purchaser relative to the sale of the property.
A self-managed super fund (SMSF) is a private superannuation fund which you manage yourself, giving you greater flexibility, control and options on how and where your retirement savings are invested. If you decide to set up your own self-managed super fund, you will not only be responsible for the investment decisions, but also compliance with the relevant superannuation and taxation laws, which can be time consuming.
