Preparing to sell a property in Victoria.

Speak with a conveyancer early

It can be useful to discuss the proposed sale before the property is advertised or contracts are being presented. The information needed and timing will depend on the property, ownership and sale arrangements.

Understand the Section 32 statement

Before a property is sold, the seller must give the buyer a Section 32 statement. Consumer Affairs Victoria explains that this document is usually prepared by a legal practitioner or conveyancer and contains specified information about the property.

Aim for complete and accurate information

A Section 32 statement is a legal document and must be factually accurate and complete. The information required can depend on the property, including matters such as title, outgoings and owners corporation documentation where relevant.

Discuss the contract and settlement arrangements

The contract of sale records the agreed terms. Settlement timing, deposit arrangements and other details should be discussed with the relevant professionals and reflected correctly in the transaction documents.

Prepare information about your property

When making an initial enquiry, it may help to know the property suburb, ownership details, whether an agent is involved and any proposed sale dates. Do not send sensitive documents through a general website enquiry form.

Official information and further reading

• Consumer Affairs Victoria — Conveyancing and contracts for sellers
• Consumer Affairs Victoria — Selling property checklist

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.