Q: I’d like to sell my house privately. What legal obligations should I be aware of?
A: If you’d like to sell your property privately rather than using a real estate agent, you are legally obliged to disclose any relevant information about the property (that you’re aware of) to potential buyers, including information about the condition of the property and compliance for any work that has been carried out during the time you’ve owned it.
It’s important to be careful if you are a private seller, as legal action could be taken against you if you provide false or misleading information, even unintentionally.
If you own a unit title, you will also need to inform the body corporate that you are selling the property.
Once you have found a buyer, you should also be aware that you are legally required to use a solicitor or conveyancer for the conveyancing process.
Note: This post is brief and general in nature. You should not treat it as legal advice and should seek professional advice before taking any action in relation to the matters dealt with in this post. Armstrong Murray accepts no liability for losses suffered by any person or organisation who may rely directly or indirectly on this post.