Tag: property buying Melbourne
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What Is a Section 32 in Victoria? Everything Buyers Need to Know
If you’re buying property in Victoria you’llhear the term “Section 32” constantly. Here’sexactly what it is, what it contains, andwhy reading it carefully could save you froma very expensive mistake. What Is a Section 32? A Section 32 — formally called a Vendor’sStatement — is a legal document that Victorianproperty sellers must provide to buyers…
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What is an Owners Corporation in Victoria? A Plain English Guide for Property Buyers
If you’re buying an apartment, unit or townhousein Victoria, you’ll almost certainly encounteran owners corporation — and understanding howit works could save you thousands of dollarsand years of frustration. Here’s everything you need to know, in plainEnglish. What Is an Owners Corporation? An owners corporation (previously called a bodycorporate) is a legal entity that automaticallyforms…
Vic Property Guide 