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.

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Casey Dwyer
Casey Dwyer
2020-11-08T05:46:49+0000
Our first time selling a property, James made the process easy and stress free. I would... definitely use again and recommend to all my friends and family.read more
Louise Lashlie
Louise Lashlie
2020-11-03T01:48:26+0000
A very professional service. Great communication and very friendly. I would highly... recommend Page Conveyancing.read more
Melissa Van Dam
Melissa Van Dam
2020-10-19T10:01:34+0000
I have used Page Conveyancing for two sales and two purchases of property over the last... 10 years. I have always found Kim Shaw to be very professional yet approachable and she has always protected my interests in all matters. I would whole hardheartedly recommend Page Conveyancing when buying and/or selling property and their rates are very reasonable.read more
Jan Babich
Jan Babich
2020-09-21T10:59:03+0000
Kim Shaw from Page Conveyancing handled my recent purchases in a professional, friendly... manner. I highly recommend Kim and Page Conveyancing to provide expert advice and a stress free service. Thank you Kim very much.Jan Babichread more
Kane Addison
Kane Addison
2020-08-28T05:59:08+0000
Page managed both my recent sale and purchase. I experienced nothing but professionalism... in both instances. Kim Shaw was fantastic to deal with and she ensured the entire engagement was managed effectively. I felt secure in the knowledge Kim was driving the process for me. Highly recommend!!read more

Page Conveyancing

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DX 7447, Port Macquarie NSW 2444

Postal

PO Box 1247, Port Macquarie NSW 2444