All Topics / Help Needed! / Section 32 Vendors Statement Assistance

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  • Profile photo of alienalien
    Participant
    @alien
    Join Date: 2009
    Post Count: 4

    Hi All,

    I’ve had a search around in the forum but haven’t been able to find exactly what i wanted.

    I’m currently in the initial stages of looking for an investment property (which I believe people on here call IP) and was wanting to find out that if I view a property can I ask the agent for a copy of the s32 vendors statement? Is the agent obliged to provide the statement?

    Thanks in advance.

    Regards
    Neil

    Profile photo of ducksterduckster
    Participant
    @duckster
    Join Date: 2004
    Post Count: 1,674

    You need to see it before signing your purchasers contract.
    Now if you went to your solicitor they would advise that they need to see this vendors contract and the purchasers contract before you sign anything.
    see
    http://www.lawyersconveyancing.com.au/section.asp#4

    see
    http://jmbenson.com.au/buying_auct.html
    If it is going for auction ask for a copy of both contracts so solicitor can check over them.

    Profile photo of marx3bullmarx3bull
    Member
    @marx3bull
    Join Date: 2009
    Post Count: 86
    duckster wrote:
    You need to see it before signing your purchasers contract.
    Now if you went to your solicitor they would advise that they need to see this vendors contract and the purchasers contract before you sign anything.
    see
    http://www.lawyersconveyancing.com.au/section.asp#4

    see
    http://jmbenson.com.au/buying_auct.html
    If it is going for auction ask for a copy of both contracts so solicitor can check over them.

    I was also looking for the answer. My conception about vendors contract was not clear. Those links were really so helpful. Solicitor always make himself safe then do contract.

    Profile photo of alienalien
    Participant
    @alien
    Join Date: 2009
    Post Count: 4

    thanks for the info. A little clearer now :)

Viewing 4 posts - 1 through 4 (of 4 total)

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