Selling an apartment
When it comes to selling your apartment, you should be aware of your legal responsibilities around the issue of combustible cladding.
Section 32 statements
As an owner, you are required to disclose if your apartment/unit is in a building with combustible external wall cladding, or if you have been issued an Emergency Order, Building Notice or Building Order. This information needs to be disclosed in the Section 32 statement to be made available to prospective buyers.
A Section 32 statement is a legal document which must be factually accurate and complete. A buyer might be able to withdraw from the contract of sale before settlement if the Section 32 statement contains incorrect or insufficient information. It is an offence for a vendor to knowingly or recklessly provide false or incomplete information, or fail to provide a Section 32 statement upon request.
For more information about owners corporation certiﬁcates, Section 32 statements and owner's rights and responsibilities, visit consumer.vic.gov.au.