Vendor disclosure (prescribed documents)
In NSW a vendor cannot market a residential property for sale until a contract for sale has been prepared containing the prescribed documents — including the title search, deposited plan, and drain...
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- referenceDefinition: {"term":"Vendor disclosure (prescribed documents)","definition":"In NSW a vendor cannot market a residential property for sale until a contract for sale has been prepared containing the prescribed documents — including the title search, deposited plan, and drainage diagram — plus required statutory warnings. Defective disclosure can give the buyer rights to rescind. (Conveyancing Act 1919 (NSW) s 52A and Conveyancing (Sale of Land) Regulation.)","primarySource":"https://www.fairtrading.nsw.gov.au/housing-and-property/property-professionals/working-as-a-property-agent/sales-contracts"}