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Financial Searches
What are financial searches?
A financial search (statement of account) reveals the amount of money owing to Lands on Crown land holdings as at a given date.
What is a holding?
Holding is a term used to describe either an incomplete purchase, a perpetual lease, a term lease, a special lease or a permissive occupancy granted under the Crown Lands (Continued Tenures) Act 1989, or any lease or licence granted under the Crown Lands Act 1989.
When are financial searches necessary?
When you are purchasing a property - especially waterfront land or rural properties adjacent to Crown land or Crown roads - you should discuss the need for a financial search with your solicitor.
For further information on waterfront and rural properties, refer to licences and enclosure permits.
Making an application for a search
Lands can provide financial searches on all Crown land holdings. Search applications can be made by:
- phone on free call number 1800 641 596
- fax (02) 4925 3452 or
- mail to GPO Box 2155 Dangar NSW 2309
The search (known as 'statement of account') is generally faxed or posted within five (5) working days of receipt of the application. Please not ethat the search attracts a fee and payment must accompany the application.
The search application should provide the following information:
- holder(s) name,
- property address,
- Crown holding tenure type,
- number and land district, (eg. SL 12345 Lithgow, EP 45/89 Molong),
- account number (if known),
- folio reference (certificate of title reference),
- Lot/DP number.
For further information, please call toll free 1800 641 596.
