A Section 32 is or Vendor Statement is document containing information about a property that the seller (vendor) is legally required to provide to a buyer (purchaser) prior to the signing of a Contract of Sale.

It must disclose all information that affects the property that would not be obvious during an inspection, including information that may affect the decision of a potential buyer.

Information that should be included:

  • Title search
  • planning information and reports
  • sewer plan
  • building permits, including owner building works, if applicable
  • council and water rate notices
  • owners corporation certificates, if applicable
Categories: Buying, First Home Buyer, Selling