Selling

Whether you decide to sell privately or through a licensed estate agent, conveyancing can take the stress out of the financial and legal obligations that come with selling your biggest asset. 

When you list your property for sale, you’ll need to provide a potential buyer with a Vendor Statement (Section 32) before any contract has been signed. Under Victorian Law, a Vendor Statement is required by Section 32 of the Sale of Land Act and must disclose all matters relating to the property. This involves disclosing things like easements, outgoings and covenants, or anything that may affect the buyer’s decision to proceed with the sale. 

Failure to disclose all required information accurately will result in a default Vendor Statement and may give the buyer rights to withdraw from the contract prior to settlement. Given the legal implications of this document, we advise that a conveyancer or legal professional draft it.