If you have engaged a Real Estate Agent to sell your property, then make sure you arrange for a Vendor’s Statement and contract for sale of land to be prepared by Keys Conveyancing & Associates before they start their marketing campaign. A vendor’s statement also known as section 32. It is a document that tells potential buyers’ certain things about the property title they should know before signing a contract to purchase. The vendor is legally responsible for the vendor’s statement. In order to prepare vendor statement, we need to obtain all the “prescribed documents” such as council zoning certificates, a copy of the title and other relevant documents.

The vendor Statement allows buyers to confidently enter in a contract of sale in the knowledge that there aren’t currently any adverse interests registered against the property. If a vendor statement is incorrect, or in complete, it will give the buyer the right to terminate the contract of sale.

A vendor statement is therefore an important document in the conveyancing process and in order to avoid errors it is recommended that you engage us to prepare the document on your behalf.