Vendors have a statutory duty to disclose all relevant details of their property to a prospective purchaser before a Contract of Sale can be entered into. This statutory duty is fulfilled by a Vendor Statement or Section 32 statement.
Baw Baw Conveyancing can ensure that you meet your statutory obligations by preparing your Vendor Statement with care and accuracy.
There are consequences and penalties if a vendor gives misleading, incomplete or false information in a Vendor Statement. One disastrous repercussion is that a purchaser may withdraw from the contract at any time before settlement as a result of a faulty Vendor Statement.
Not only can Baw Baw Conveyancing prepare your Vendor Statement, we can also prepare your Contract of Sale.