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VIC Vendor Statement (Section 32) — Sale of Land Act 1962

VIC

Form number: Section 32 (Sale of Land Act 1962)

Mandatory disclosure document that every property vendor in Victoria must give to every prospective buyer before the buyer signs the Contract of Sale, covering title details, encumbrances, planning controls, outgoings, building permits issued in the last 7 years, and other material facts.

Issuing authority

Consumer Affairs Victoria (legislated requirement); prepared by vendor's solicitor or conveyancer

Official source

consumer.vic.gov.au

Cost

Varies — typically $300–$800 as part of vendor conveyancing/legal fees

Deadline

Must be provided to the buyer before the Contract of Sale is signed

How to apply

  1. Engage a solicitor or licensed conveyancer to prepare the Section 32 Vendor Statement — it must be prepared before the property is listed or offered for sale.
  2. Gather all information required by sections 32A–32I of the Sale of Land Act 1962: current title search and plan of subdivision, registered mortgages and encumbrances, easements and covenants, owners corporation (body corporate) details if applicable, zoning and planning scheme overlays, outgoings (council rates, water rates, owners corporation levies), all building permits issued in the last 7 years, disclosure of owner-builder work within the last 6.5 years, and connected utility services.
  3. Your solicitor or conveyancer compiles the statement using an approved form (Law Institute of Victoria or REIV template) — Consumer Affairs Victoria does not publish an official template directly.
  4. Review and sign the completed Section 32 — the vendor must sign the statement before it is provided to any buyer.
  5. Provide the completed, signed Section 32 to every prospective purchaser before they sign the Contract of Sale — failure to do so means the contract is not binding on the buyer.
  6. If any disclosed information changes materially before settlement, prepare and serve an amended or updated Section 32 immediately.
  7. At the buyer's request (or by convention), make the Section 32 available at any open for inspection.
  8. Retain a copy of the signed Section 32 as part of the transaction record — it will be required at settlement.

Related topics

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