As well as being the lucky winner of a beautiful new Mater Prize home, all legal fees and transfer costs are paid for by Mater Lotteries.
As an added bonus, first prize winners also receive gold bullion which can be used to assist in covering the first year’s rates and/or body corporate costs. We will also take care of the insurance and electricity costs for 14 days following settlement.
If you are the winner, we will contact you to arrange a day and time to do the official handover of the property.
At this time, we will ask you to complete the necessary paperwork to commence the title transfer, which is then submitted to our legal representatives and the Land Titles Office. Settlement can take up to 12 weeks, however, you are free to enjoy your beautiful new Prize Home immediately!
If you decide to sell, you will be required to wait until settlement has occurred. We recommend that you speak with your financial advisor or solicitor for advice to suit your personal circumstances.