Selling Property

A critical component of the sale process is the preparation of the Contract of Sale and Vendor’s Statement (also known as a Section 32).

As a seller, there are legal obligations which must be strictly adhered to. When selling your property, we ensure that the paperwork is prepared correctly and we will fully inform you on your legal obligations. This means you can rely on your contract and prevent a buyer from rescinding (terminating) the contract.

We understand the desire to have your property listed on the market as soon as possible. We will prioritise the preparation of your paperwork and provide it to your Real Estate Agent as soon as possible to ensure your property is ready for sale.

If you are a selling your family home, a property investor or a sophisticated multi-unit developer we can assist.

What does our Conveyancing Sale Service include?

Vendor’s Statement:

The Vendor’s Statement (or Section 32 Statement) discloses to your prospective purchaser matters such as rates, mortgages, covenants, easements and other information that the law requires you to disclose about the property. The vendor’s statement is a legal document and must be provided to a prospective purchaser before they sign the Contract of Sale. The vendor’s statement must be correct and complete. Any incorrect, false or insufficient information will allow a buyer to take legal action or withdraw from the Sale. This is why your Section 32 should be prepared by an experienced conveyancing lawyer or solicitor.

Contract of Sale: 

The contract of sale will detail the requirements of the transaction. It will also provide information such as the property’s complete address, the names of the vendor and purchaser, the purchase price and if there is an initial deposit.

The contract contains General Conditions of Sale and Special Conditions. Special Conditions are designed to protect you as a Seller.

Our special conditions are drafted to protect you in the event of a purchaser default and seeks to limit your liability to a purchaser. We can also draft special conditions to suit your particular circumstances.

Post-Sale:

We ensure that the rates and other outgoings are adjusted correctly and provide you with a copy of the Statement of Adjustments and the Settlement Statement.

We also make sure that the sale proceeds are paid to your lender (where applicable) to discharge any mortgages and get the settlement proceeds paid to you. We will advise you once the property is settled and we can arrange banking of your funds into your nominated bank account if your bank can’t do this for you.

Auction or Private Sale – either way we have it covered.

We promise to prepare your Contract and Vendor’s statement:

• in a professional and precise format which will be impressive to your prospective purchaser/s. We pride ourselves on immaculate contract presentation and 100% accuracy every time. This will avoid potential problems with your Sale.

• in a timely manner – we always do our utmost to turn Contract preparation around quickly so that your agent has the Contracts on hand as soon as possible to get you offers fast. In urgent circumstances, we can produce compliant Contracts within as little as 24 hours.

Do you have questions?

We have the answers.

Our Conveyancing Lawyers have many years of experience in residential and commercial property transactions in Melbourne and Australia-wide. We regularly work with Real Estate Agents through to mortgagees to take care of your matter and take the stress out of selling your property.

Call us on 1300 900 440 or complete the enquiry form on this page and we will get back to you promptly.

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