News

What is a vendor statement?

By Waverly Atkinson

This document sets out details about the property being sold such as:

  • Body corporate fees
  • Any planning details associated with the property
  • Payable taxes
  • Any encumbrances on the property

Again, it is recommended that you employ a conveyancer to draw up the contract as any incorrect information can render the contract of sale invalid. As part of their research, they will conduct title, planing and rate searches.

Up to Date

Latest News

  • The Three Pillars of Property Market

    It has been more than four months since the Corona Virus crisis wreaked havoc on the Australian economy, and while we are yet to see the full impact on the property market, cracks are appearing in its foundations. But whether or not a property market collapse is on the cards … Read more

    Read Full Post

  • 6 Myths You May Have Been Told About Home Loans

    If you’re buying a home, chances are you’ve been given advice from family and friends on how to get the best result from your home loan. Being a mammoth financial decision with many nuances, chances are you’ve encountered a myth or two. Here are some of the most common misconceptions … Read more

    Read Full Post