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Buyer Beware (Page 1 / 2 )
Unfortunately, the principle of "Buyer Beware" applies to all Contracts signed by a purchaser and by signing the Contract the Purchaser is deemed to have fully read and understood the Contract together with making all necessary and complete enquiries to the relevant authorities prior to signing. It is not mandatory for a Vendor to provide all certificates relevant to a purchaser. Sometimes the Purchaser must rely on information contained within the Section 32 Vendors Statement.
Right Choice Conveyancing will make application for the following certificates as part of the Conveyancing procedure:
- Land Information Certificate provided by the appropriate municipal authority.
- Form 10 Building Certificate (only if the property includes a residence)
- Water Rate Certificate
- Water Encumbrance Certificate
- Land Tax Certificate
- Department of Planning Certificate
- Vic Roads Certificate
The Vendor Statement will not disclose the following:
- Whether the property is subject to any structural defects or problems such as leaky roof, termites, bushfire prone, broken appliances such as heating, alarm etc.
- Any development proposals for the surrounding area.
- Whether or not the land is subject to any contamination or pollutants.
- Details of any final inspections or permits which have NOT been obtained.
If in doubt, the purchaser should ask the agent to make the Contract of Sale subject to special conditions.
Disclaimer: The information provided on the Right Choice Conveyancing web site is not intended to be legal advice. Many factors unknown to us may affect the applicability of any statement or comment that we make on the Right Choice Conveyancing web site to your particular circumstances.