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What is a ‘Section 32’ Vendor Statement?

There are a few legal terms that fly around when it comes to purchasing a property including the most common term ‘section 32’. What is a ‘section 32’? A Section 32 is a written statement the vendor must sign and give to a purchaser before a contract of sale is signed. The vendor statement must… Continue reading What is a ‘Section 32’ Vendor Statement?