When must a Section 32 vendor's statement be provided to a purchaser in Victoria?
Correct Answer
C) Before the purchaser signs the contract of sale
Under the Sale of Land Act 1962, the vendor must give the purchaser the Section 32 statement before the purchaser signs the contract. If the vendor fails to do so, or the statement is materially defective, the purchaser may be able to rescind the contract before settlement.
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