What’s the process to exercise the EquityShield Purchase Option Contract?

After the 24 month “non-exercise” period, the Holder (or the assignee) can exercise the EquityShield Purchase Option Contract.

The process is simple and set out in the EquityShield Purchase Option Contract, but is summarised as follows:

Notify in writing, giving LIVN Pty Ltd 60 days notice of your intention to exercise. (Your decision is personal and is not required to be disclosed, but on most occasions it is because you feel the market value of the property is below the “agreed value”).

After your EquityShield Purchase Option Contract has been exercised, settlement of the sale of the property will occur in a timeline consistent with normal practice for your relevant State.