Also known as the "Vendor's Statement," this is a document prepared by the vendor's legal representative in Victoria that must be provided to prospective buyers before signing a contract. It discloses key information about the property including title details, outgoings, zoning, and any known defects or restrictions. Reviewing the Section 32 carefully (with a conveyancer) is essential before signing anything.
Go deeper
How to choose a selling agentInterview process, the appraisal-price trap, and the listing agreement.