Section 32 Statement

The vendor's pre-contract disclosure document mandatory for every Victorian property sale.

A Section 32 Statement (referencing Section 32 of the Victorian Sale of Land Act 1962) is the vendor's statement of disclosure given to buyers before they sign a contract. It must include title information, planning and zoning, easements, building permits, outgoings (rates, owners corporation), and any notices issued against the property. A defective Section 32 can give the buyer grounds to rescind the contract within a defined window after settlement.