Section 32 Vendor Statements — Avoiding the perils and pitfalls

A single mistake in a Section 32 Vendor Statement can unravel an entire property transaction. A defective Section 32 Vendor Statement, doesn’t just slow things down - it opens the door to rescission of the contract of sale of land by the purchaser, delays, costly disputes, and the potential for a claim against the vendor’s solicitor.

Join Jamie McCallum, LPLC Prevention and Risk Manager, and Accredited Property Law Specialist, as he discusses the hidden risks when preparing Section 32 Vendor Statements and provides practical strategies to help practitioners navigate vendor disclosure. 

Jamie will discuss:

• Consequences of a defective Section 32 Vendor Statement 

• Common pitfalls that expose practitioners to avoidable claims

• Workflows and procedures that can minimise the risk of a defective Section 32 Vendor Statement 

• Why obtaining certificates is a critical conveyancing risk management tool 

• Advising vendors on their disclosure obligations under the Sale of Land Act 1962 (Vic) 

• Understanding section 12(d) of the Sale of Land Act 1962 (Vic) / 'material facts', and the consequences of non-disclosure. 
  
  

 This seminar is suitable for paralegals through to senior lawyers and is a great refresher for conveyancing practitioners before the end of the CPD year. 

Live online Wednesday 25 March, from 1pm - 2pm 

Presented by Jamie McCallum, LPLC Risk Manager and Accredited Property Law Specialist

1 CPD Substantive Law 

Speaker Bio: 

Jamie is a Prevention and Risk Manager at the LPLC and is an LIV Accredited Specialist in Property Law. Prior to commencing at the LPLC, Jamie worked in private practice in a range of regional firms. Jamie has an extensive background in complex property law, conveyancing matters, and taxation issues relating to property transactions.

As part of his day-to-day role at the LPLC, Jamie is available to assist legal practitioners with all risk related enquiries, but with a specific focus on property transactions, property taxes, and duty.

Have an event enquiry? Get in touch!

Telephone | 03 9672 3800 | Monday to Friday 9 am  to 5 pm

Email | eventmgt@lplc.com.au 

Web | lplc.com.au