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What is a section 32 or vendor’s statement?

A section 32 is a document that the seller must provide all their prospective buyers, detailing information about the property as required by legislation. Therefore, it is also known as the vendor’s statement. The section 32 comes in two parts, the part that is completed and signed by the seller, and the second part is a combination of all the certificates that must be attached to the section 32. Depending on the conveyancer or law firm that prepared the section 32, it will come in different quality. It is important that you get your own conveyancing lawyer to read through the section 32 to make sure that all the required information is contained and that they are up to date.

If the section 32 is not properly drafted by the seller, it may allow you a way out of the contract, but it may cost you even more to attempt to get out because you would be forced to challenge the validity of the contract. Hence, it is always recommended that you avoid this problem by just taking the opportunity to read through the document and understand everything inside before you sign.

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Our Recent Reviews

Emma Gibson Avatar
Emma Gibson
29 May 2024
Nicholas Tsau was great to deal with - pleasant, efficient and helpful. The vendor's real estate agent told me there had been last minute challenges on settlement day, but Nicholas made the process seamless.
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sharn mcaulley
10 May 2024
The 5 stars is for Nicholas, he was a pleasure to deal with, very knowledgeable and done a great job keeping me informed on my purchase. I did deal with someone else for the selling of my house, this was a different experience and not nearly as good.
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Mia Bowyer Avatar
Mia Bowyer
10 May 2024
You guys are amazing. I wanted to say a huge thank you, especially to Caleb. I was under a huge time pressure and Caleb worked super hard while also retaining a very high quality of work and dilligence. He didn't let any details slip and helped me to pick up a lot of things in the contract. HIGHLY RECCOMEND!!!
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