Importance of Disclosure Statements when Selling a Unit

When you are Selling or assisting with the Sale of a Unit, it is very important to ensure that the contract is completed on a Contract for Residential Lots in a Community Titles Scheme.  

A Seller is required to provide a signed Disclosure Statement to the Buyer which can be obtained from the Body Corporate Manager (for a small fee).  

If this is not provided, prior to signing the contract, the Buyer will then hold the right to terminate the contract at any time prior to settlement.

Are you looking to sell your home in Queensland or Victoria? If so, don’t hesitate to reach out. Ownit provides seamless and stress free conveyancing to buyers and sellers!

Settle it, anywhere, anytime with OwnIt

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Andrew Francey

B.Bus, GCAF, GAICD

Chief Operating Officer

Andrew has over two decades experience in high growth fast moving consumer goods, agribusiness and professional services. Supporting the Ownit team to deliver on client expectations, and implementing processes to scale the organisation, is a key focus for Andrew.

Andrew is a C-Suite leader with Chairman and Board experience.  He has formal qualifications in Business, Applied Finance and AICD Company Directors Course.

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