Statutory Disclosure

Section 52A of the Conveyancing Act 1919 and the Conveyancing (Sale of Land) Regulation 2005 put an obligation on the vendor to disclose prescribed information about the property (Being Statutory Disclosure).

Disclosure is sharing information and facts about a property between the vendor and the purchaser. This includes information that wouldn’t ordinarily be known under normal circumstances. This information is often referred to as material fact and is simply letting all of the interested parties know of information that can impact the buying or selling of a property.

Deciding what should be disclosed and what should can be a bit of a grey area. There are a number of important statutory disclosure requirements that are to be included into a marketing contract by the seller and failure to comply with these requirements could lead to the sale being annulled or damages being paid to the buyer, or both. The main requirements are hidden/latent defects, easements or rights of way, tenancies, approvals etc.

Details that are generally not required to be disclosed are ones that are not relevant to the actual property. A dispute with you neighbour over a barking dog that was resolved years ago or a recent family tragedy that has lead you to sell are things that you legally do not need to disclose.

Statutory Disclosure Port Macquarie NSW | Page Conveyancing

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BM Øfficīël FD
BM Øfficīël FD
2023-04-19T23:41:19+0000
With a joyful heart, I want to say that Mrs. Carolina Johnson is the best of all the... traders I've had the pleasure of working with. She is a fantastic mentor as well as a terrific trader, she is very supportive and encouraging. So far, my profits have been 10 times my initial investment. My family and I are so happy to know and work with her. I invested $1000 with her and within a week She made $10,000 for me kindly contact herEmail:carolinatradebest@gmail.comWhatsApp:+44 7828 470209read more
Karen Mewett
Karen Mewett
2022-08-12T08:16:54+0000
We have used Page Conveyancing a few times now because they are locals and so easy to... deal with. I would definitely not hesitate to recommend them for any property Conveyancing. Thank you Kim for all your help with our latest property sale. You made the process so painless and easy.read more
Wendy Williams
Wendy Williams
2022-06-17T10:59:01+0000
This is the second time I have used James at Page Conveyancing and have found attention... to detail and communication excellent. I will certainly be using Page Conveyancing again in the future.👏👍read more
Marcelle Rafael
Marcelle Rafael
2022-05-20T03:28:43+0000
I have been dealing with. page Conveyancing more than once. We dealt with Marilyn Page,... James Page and Kim Shaw and found them very professional, helpful and always available at contact to happily answer any queries. We would like to extend our appreciation also to their efficient secretary Jodie.?we certainly would like to thank them and certainly recommend them to anyone who would like a legal procedure or advice purchasing or selling a property. Thank you again. Sam and Marcelle Rafaelread more
RM DK
RM DK
2022-05-02T01:57:51+0000
Great communication, Professional, understanding

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