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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Rhonda Shaw
Rhonda Shaw
2020-04-21T03:40:58+0000
Excellent service. Friendly and efficient. Kim was amazing! Highly recommended.
Matty Dobson
Matty Dobson
2020-04-17T19:56:09+0000
Amazing service, very responsive, could not recommend higher! James at Page Conveyancing... was a pleasure to deal with and very professional, he made our new house purchase contracts a breeze to go over and complete. Very knowledgeable highly recommended!read more
Tanya Lee
Tanya Lee
2020-04-07T10:33:54+0000
My husband and I have bought and sold property with Page Conveyancing.Merrillyn and Kim... were friendly and professional and made each process stress free.100% recommended:)read more
Paul McAsey
Paul McAsey
2020-04-01T03:13:03+0000
Kim from Page Conveyancing dealt with the sale of my apartment in Port Macquarie. She was... very efficient and easy to deal with. She dealt with the whole process and ironed out any bumps. As I live in Sydney, it was of utmost importance to trust and rely on Kim. She exceeded expectations. I would highly recommend Kim and Page Conveyancing.read more
Geoffrey Gillham
Geoffrey Gillham
2020-02-12T01:48:07+0000
Excellent service great communication explaining everything just very... efficient.Thoroughly recommend Page Conveyancing.read more

Page Conveyancing

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DX 7447, Port Macquarie NSW 2444

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PO Box 1247, Port Macquarie NSW 2444