Selling

Once you are ready to sell your property your real estate agent will require a Section 32 Vendor Statement and Contract. This documentation is prepared by your conveyancer.

This document will contain information about the property which you as an owner are obliged to disclose under the Sale of Land Act to any prospective buyer. This document must be provided to a buyer prior to the buyer signing a Contract.

If you are selling your property by auction, the Vendor Statement must include a full set of property enquiry certificates.

If you are selling your property privately, it is still always advisable to include a full set of property enquiry certificates in the Vendor Statement however you may instruct that not all certificates be obtained and this is commonly referred to as a “shortform” Vendor Statement.

It is important to remember that these certificates include a lot of information, much of which must be disclosed to a prospective buyer under the Sale of Land Act. Should you not disclose all of the required information, you may be giving the buyer a right to avoid the Contract and/or a claim for damages.