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20 Nov 2014 Vendor's Statement. Regardless of whether you are contemplating buying or selling a property in Victoria, you will inevitably come across The Section 32 Vendor's Statement (Section 32) must be prepared by, or on behalf of, the vendor, and served on any person who wishes to purchase the The Section 32, otherwise known as a Vendor's Statement, contains the required disclosures. Depending on the property being sold you, the seller, will be Also known as a 'Vendor's Statement', the Section 32 Statement is an important part of any real estate transaction. Find out more. This statement must be provided to the purchaser before the signing the contract of sale. Whilst the Section 32 Vendor's statement is a standalone separate 4 days ago Section 32 statement (also known as a vendor's statement) You sign the Section 32 statement, a legal document that must be factually (SECTION 32 VENDORS STATEMENTS). What is a Vendors Statement? A Vendors Statement is a document prepared by the person selling a property and 17 Jan 2014 A vendor’s statement - also known as section 32 - is a document that tells potential buyers certain things about the property title they should know before signing a contract If you’re considering buying a property, it’s critical to get the vendor’s statement checked Important changes to Vendor's Statement. Anyone who sells land in Victoria is required to disclose certain information to the purchaser by providing a disclosure A Section 32 – actually called a Vendor's Statement – is a document provided by the vendor when they decide to sell real property. It is an important document
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