We understand that buying or selling a property, whether residential, commercial or industrial is one of life’s major decisions and can be stressful for many people.
Let the Aughtersons Conveyancing & Property Department remove the stress and ensure the process is one of ease and efficiency.
Headed by senior property lawyer Rae Abdul Rahim, our department has over 120 years of collective experience in all aspects of conveyancing and provision of comprehensive property law advice.
Our lawyers and conveyancers are ready to assist in all areas of conveyancing and property law services.
The Sale of Land Act requires a vendor of property in Victoria to provide a “Section 32 Statement” for the purchaser before a contract is signed for the sale of the property. If the Section 32 Statement contains false or misleading information, the purchaser may be entitled to end the contract. In such a case, the vendor will incur substantial costs and losses arising from the Contract ending. Talk to our property team at Aughtersons — we will be able to advise you in all aspects of your Section 32 Statement and we will assist you to prepare it correctly and expeditiously.
In Victoria, the Contract of Sale will usually provide that a Vendor of property must deliver up the property to the Purchaser at settlement in the same condition it was in at the time of sale, except for fair wear and tear. Accordingly, if the property is damaged between the day of sale and settlement, the Vendor will usually be required to rectify the damage.
This will depend on whether the contract to sell your property provides for the property to remain at your risk until settlement or at an earlier date. If the contract provides for the property to remain at your risk until settlement, you maintain your insurance over the property until after settlement has been effected. Please discuss this with us before you cancel any insurance on the property.
Section 27 of the Sale of Land Act and the Contract of Sale set out the requirements which must be complied with before the Vendor is entitled to the deposit being released before settlement. If the requirements are not satisfied, the deposit will be released only once settlement has been effected.
If you are selling, we will prepare the Section 32 Statement and any other documents required for the sale, deal with your bank and any issues which may arise and act to effect settlement.
If you are buying, we will advise on the Contract and your rights and obligations, obtain and advise on relevant property searches and conduct legal due diligence, deal with your lender and act to effect settlement.
We will use our knowledge, resources and professionalism to minimise any stress and worry and to maximise the outcome for you.
Our lawyers and conveyancers are ready to assist in all areas of conveyancing and and property law services
Telephone: (03) 9845 8200
Opening Hours: Monday - Friday: 9:00AM – 5:00PM (After hours appointments available on request)
Address: 267 Maroondah Highway, Ringwood, VIC, 3134
Postal: PO Box 211, Ringwood, VIC, 3134
