Sale of Land

The first legal task required when selling a property is to have a Conveyancer, Solicitor or Lawyer prepare a Vendor Statement (otherwise known as a Section 32 Statement).  This Vendor Statement is designed to provide any potential purchasers with information about the property to help them decide whether or not to make an offer.

If you choose us to prepare the Vendor Statement, your Agent will either contact us on your behalf or suggest that you contact us directly. From there we will take down the right information to prepare the Vendor Statement.

Once your Agent has negotiated the sale price and any other terms on your behalf, they will then prepare a Contract of Sale of Land for you to sign, accepting the purchaser’s offer.

After the contract is signed, your Agent will supply us with a copy of the contract. Our experienced staff will then attend to arranging a discharge of your mortgage with your bank, an adjustment of the rates, and the distribution of proceeds at settlement.

Getting to the point of signing is exciting and it can be tempting to sign the Contract of Sale of Land as soon as the Agent supplies it to you. We strongly recommend that you hold off and contact our office before you sign any Contract of Sale of Land. This way you can get valuable advice before you get locked into a contract that doesn’t align with your best interests.

Once the contract is signed, many issues that lie within can’t be fixed. This puts you at risk, which is why it’s important to seek advice before you sign. If you want to feel confident when selling your land, contact us to prepare the Vendor Statement on your behalf. We will ensure that the transaction runs smoothly and results in a successful settlement.