Selling Property

If you're selling a property in Victoria, you're legally required to provide a signed Section 32 Statement (also known as a Vendor Statement) before a contract can be signed. We can prepare and compile this statement quickly, so you're ready to go when the right buyer comes along.

All property sales must be documented with a written Contract of Sale. At Western Conveyancing, we prepare tailored contracts for all types of properties, residential homes, units, off-the-plan sales, auction sales, and more. We'll help ensure the terms of your contract are in your best interest as the seller.

Once the Contract is signed, you'll need to notify your lender that the property has been sold. We’ll also contact them to request your mortgage payout figure and coordinate the settlement details.

The settlement date is set out in your contract. On the day, we’ll work with your bank and the buyer’s conveyancer to finalise everything. Your mortgage (if any) will be paid out, and the balance of funds will be transferred to your nominated account.

The buyer is entitled to inspect the property during the week before settlement. The home must be in the same condition as it was on the day of sale. The agent will contact you to arrange a time that suits.

You’ll need to vacate the property by the scheduled settlement time and leave the keys with the agent. Once settlement is confirmed, we’ll notify both you and the agent so the keys can be handed over to the buyer.

We'll notify the local Council, Water Authority, and Owners Corporation (if applicable) of the ownership change. You’ll need to organise final readings and disconnection for electricity, gas, internet, and any other personal services.