Vendor Statement

The generic name for a seller's pre-contract disclosure — called Section 32 in VIC, Form 1 in SA, etc.

A vendor statement is the seller's legally required pre-contract disclosure document. Each state has its own format and name: Section 32 (VIC), Form 1 (SA), Contract of Sale annexures (NSW, ACT, NT, QLD, TAS, WA). Required disclosures typically include title, encumbrances, easements, zoning, building approvals, owners corporation/strata details and any notices issued by authorities.