What Is the Form 1 When Selling a Property in South Australia?

If you are selling property in South Australia, you are likely to hear your agent or conveyancer talking about the Form 1.

The Form 1 (Vendor Statement) is the statutory disclosure statement provided to the purchaser. It contains important information about the property and certain matters affecting it.

Preparing the Form 1 generally requires information and searches to be obtained from a number of sources.

It is important that the information provided is accurate and complete, as issues with the Form 1 can affect a purchaser's cooling-off rights and potentially create problems with the sale.

At 1836 Conveyancing, we work closely with vendors and their real estate agents to prepare the necessary documentation and keep the process moving as efficiently as possible.

Have questions or need some advice? Contact us, we are always happy to assist!