Request a Disclosure Statement
Sellers cannot Ďcontract outí of disclosure obligations under the Unit Titles Act 2010
which came into force on 20 June 2011.
Click on the links below for more information:
Pre-Contract Disclosure Statement
A pre-contract disclosure statement must be provided to a buyer by the seller before they enter into a Sale and Purchase Agreement. This must be dated and signed by the seller or a person authorised by the seller.
If the seller becomes aware of any inaccuracies in the statement or if the information becomes inaccurate they must let the buyer know within 5 working days of the awareness.
Additional Disclosure Statement
A buyer may request an Additional Disclosure Statement at any time before
- The close of the 5th working day after the date of the Sale and Purchase agreement
- The close of the 10th working day before the settlement date
If a buyer makes a request (as above) the seller must provide the Additional Disclosure Statement to the buyer no later than 5 working days after the date the request was made.
Note: The buyer must pay the sellers reasonable cost to provide this statement. The buyer can delay settlement if disclosure is late or can even cancel the contract.
Pre-Settlement Disclosure Statement
The seller must provide a Pre-Settlement Disclosure Statement to the buyer 5 working days before the settlement date and a Certificate from the body corporate certifying the statement is correct. The seller or a person authorised by them must sign and date this Disclosure.
If the owner has any unpaid debt to the Body Corporate, the Body Corporate may withhold a Certificate.