Valuation Report Customer Acknowledgement
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Valuation Report Customer and Guarantor Acknowledgement
TO: Bank of Melbourne
This notice applies to the valuation of the property at: (“the propert y”)
Prepared by – Valuer’s Name Date of Valuation / /
By signing this form, we ackn o w l e d g e that:
(i) the Ban k has made us awar e that the valuat ion of the property, obtained by the Ban k, is les s than the purch a s e price of the property.
(ii) we intend to mak e our own inquirie s and sati s f y ours el v e s that the price of the property is sati s f a c t o r y to us.
(iii) the valuation the Ban k obtained was used in the as s e s s m e n t of the loan and is for the Ban k’ s use only.
(iv) only the Ban k or its mortgage insurer (if any) can rely on the valuation the Ban k obtained. We are able to reques t a copy of the Ban k’ s valuation in need, how ev er, we cannot rely on the valuat ion for any purpos e.
(v) if we wi sh to obtain a valuation on whi ch we can rely, we must instru c t our own valuer to prepare a valuation report for our own use.
(vi) neither Ban k of Melbourne nor its mortgage insurer (if any) is liable for the valuation proce s s and/or any informat i on either cont ai n ed within or omitted from the valuat ion.
(vii) if the Ban k mak e s a loan on the secu ri t y of the propert y, it does not mean that the Ban k cons ider s the propert y to be worth as much as the purch a s e price of the propert y.
Name of Borrower / Guarantor (please print) Signature Date
/ /
Name of Borrower / Guarantor (please print) Signature Date
/ /
Bank of Melbourne – A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714 ACL 233714
00737316085a537cbbcb5c4ef82ed726.doc Name of Borrower / Guarantor (please print) Signature Date
/ /
Name of Borrower / Guarantor (please print) Signature Date
/ /
Bank of Melbourne – A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714 ACL 233714
00737316085a537cbbcb5c4ef82ed726.doc