What is a Section 32 statement?

What is it?

A Section 32 statement is a document the seller must give to the buyer before the buyer signs the contract of sale. The required information is set out in section 32 of the Sale of Land Act 1962 (Victoria).

What information can it contain?

Consumer Affairs Victoria describes information about the property title, including mortgages, covenants and easements, as well as matters such as zoning, outgoings and certain notices or declarations. The exact documents and information depend on the property and the statutory requirements.

What does it not tell you?

The Section 32 statement does not report on the physical condition of buildings or confirm whether they comply with building regulations. It is not a substitute for building, pest or other property inspections where those are relevant.

Why accuracy matters

The statement is a legal document that must be factually accurate and complete. A prospective buyer may ask a conveyancer or legal practitioner to check the statement and contract before signing.

When should you ask questions?

If you are selling, ask early about preparing the required documents. If you are buying, consider seeking professional assistance to understand the statement and contract before signing. Timing is particularly important where an auction or deadline is approaching.

Official information and further reading

• Consumer Affairs Victoria — Conveyancing and contracts for sellers
• Consumer Affairs Victoria — Seek expert advice on property

Trang Conveyancing is based in Noble Park and welcomes enquiries from throughout Victoria. To discuss whether the business may be able to assist, send an enquiry or call 0422 877 909.