Who prepares the section 32?
The section 32 is prepared by or on behalf of the vendor, preferably by an experienced conveyancer who deals with property law matters exclusively and is qualified to give legal advice and prepare legal documents.
The section 32 is prepared by or on behalf of the vendor, preferably by an experienced conveyancer who deals with property law matters exclusively and is qualified to give legal advice and prepare legal documents.
While not an exhaustive list of information that must be contained in the section 32 statement, the following information is commonly required to be disclosed or provided:
The difficulty in reading a section 32 is that you must have regard to what documents it should contain, as much as what documents is does contain, something that generally only experience will allow you to do. For example, there is no requirement for a section 32 to contain information about illegal building works, only to disclose information about permits granted in the last 7 years. Accordingly, if you suspect renovations have been undertaken to a property in the proceeding 7 years that would have required a permit, you need to look for the planning permit (if required), building permit, occupancy certificate, or in other cases the owner-builder inspection report and builder warranty insurance.