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Vendor Statement

Professional Vendor’s Statement For Property Transactions

Going from one inspection to another can be exhausting enough. But when you finally find your dream property it’s easy to get lost in the excitement of making a purchase. Before a sale can even be finalised there are a lot of required legal documents to complete.

One of the many legal documents required to complete a purchase of real estate is a Vendors Statement (Section 32). The Vendors Statement outlines vital information about the property such as:

The vendor’s statement outlines vital information about the property such as:

  • Property title details
  • The vendor’s details
  • Any building permits issued in the past seven years
  • Mortgages
  • Improvements
  • Easements
  • Planning controls (zoning)
  • Outgoings (rates and taxes)
  • If there’s access to the property by road
  • Services connected to the property
  • Declaration if located in a bushfire-prone area
  • Notices or orders issued by authorities regarding fencing, road-widening, sewerage etc
  • Discloses if the vendor is the one who completed the building works and inspection, listing any defects of the property

A Vendors Statement is a required document provided by the seller of a property under Section 32 of the Sale of Land Act 1962. Section 32 states that the vendor is required to provide certain information to the buyer before a contract of sale is signed. Without the statement, the buyer may have the right to leave the Contract of Sale.

Entrust our conveyancing services available for all Melbourne properties

It can be overwhelming trying to finalise the sale of a home or commercial property. There are so many different legal procedures to consider that it’s easy to get lost in all the intricacies of property law.

Parkside Conveyancing Services is based in Point Cook, Melbourne. We are a local business that understands the needs of our Melbourne clients. Throughout the years we have established ourselves as a reliable and engaging conveyancing company.

We do more than just create legal documents. Our conveyancers provide you with efficient property law advice and guide you through the entire process of purchasing or selling property.

Get In Touch With One Of Our Conveyancers Today

Looking for a trustworthy conveyancer to create a Vendors Statement for your next property purchase? Hire Parkside Conveyancing Services’ reliable property law experts.

Want to find out how our other conveyancing services can help you make better decisions when selling or buying a Melbourne property? Call us now on (03) 8593 5670. Alternatively you can also send an email inquiry to jdesira@parksideconveyancing.com.au.