S32 Vendor Statements – Drafting for Risk, Clarity & Compliance – Leo Cussen Centre for Law

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S32 Vendor Statements – Drafting for Risk, Clarity & Compliance

S32 Vendor Statements – Drafting for Risk, Clarity & Compliance

$175.00
$175.00
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Section 32 Vendor Statements are a critical component of property transactions, yet their potential risks are often underestimated. A defective or incomplete statement can quickly unravel a transaction and expose parties to rescission or compensation.    

This seminar will go beyond the basics, equipping practitioners with advanced skills to draft, review and advise on vendor statements, focusing on:  

  • What are the consequences of failing to provide or providing a defective S32 Vendor Statement? 
  • Common issues that result in defective S32 Vendor Statements. 
  • What documents should be provided in a S32 Vendor Statement? 
  • Why obtaining certificates for S32 Vendors Statements is good practice. 
  • Practical tips to minimise the risk of a defective S32 Vendor Statement. 
  • Advising vendors about their disclosure obligations under section 32 of the Sale of Land Act 1962 (Vic). 
  • Advising purchasers about S32 Vendor Statements, including defective S32 Vendor Statements. 
  • ‘Material facts’ and ramifications of non-disclosure. 

The seminar will refine your skills in drafting, reviewing, and advising on vendor’s statements, strengthening your practical skills for your next client.