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Selling Property & Transfer Readiness
Article 31 of 74

Sellers and landlords must take property disclosure seriously.

Where a property practitioner is involved, the Property Practitioners Act requires a completed prescribed disclosure form before the mandate is accepted and requires the form to be provided to prospective buyers or tenants in the prescribed process.

Insights›Selling Property & Transfer Readiness
PROPERTY INSIGHT 31 Sellers and landlords must take property disclosure seriously.

What to know

  • Answer based on actual knowledge and provide explanations where the form requires them.
  • Do not conceal or paint over a known material defect to avoid disclosure.
  • Update information if a material condition changes before the transaction is concluded.
  • Keep supporting reports, repair records and invoices where they help explain a disclosed issue.
Professional advice

This guidance is general information. Where legal, tax, structural, compliance or regulated-work consequences may apply, obtain advice from an appropriately qualified professional for your circumstances.

Research anchorProperty Practitioners Act section 67; Regulation 36.
Important Information

The information in Fabulous Homes Insights is provided for general property education and information. Property, tax, finance, sectional-title, rental, municipal and compliance matters can differ according to individual circumstances, contractual terms, scheme rules, municipal requirements and changes in law. Where necessary, readers should obtain advice from an appropriate attorney, conveyancer, tax practitioner, financial professional, property practitioner, engineer, inspector or other suitably qualified professional.

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