Screen the buyer for FIRB status, ban compliance and clearance
Key facts
- Human involvement
- RedLawyer-led
- How AI is used
- From the buyer facts, draft a FIRB note under the FATA 1975 (Cth): who may be a foreign person, what is acquired, whether a ban or approval applies, and documents needed.
- What the lawyer must review
- Check the ban first: 1 April 2025 to 30 June 2029, no foreign purchases of established dwellings
- Check the narrow exceptions: 20+ dwelling redevelopment, commercial-scale housing, build-to-rent
- Get approval for new dwellings and vacant land; fees index each 1 July
- Check state vacant land tax and the ATO vacancy fee
- Written for / version
- Commonwealth versionCthNZ
Rules that apply
The document starts from the task name. Change it if this piece of work is different.
Who does what
| Role | What they do |
|---|---|
| Assistance | Supporting preparation only. Potential support includes preparing preliminary structure or wording. Confirm the tool’s capability and permitted scope. Substantive advice, judgement and any restricted content remain with the responsible human. |
| Lawyer | Perform the substantive analysis and decisions. Independently check any permitted supporting work and approve the exact output for its intended use. |
Checklist
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.