The Form 1 is a disclosure document that must be served on the Purchaser once a sale contract has been signed. The Land and Business (Sale and Conveyancing) Act 1994 requires an accurate Form 1 statement to be provided to an incoming Purchaser, setting out cooling-off rights and specified particulars regarding the property. As a Vendor, you will want to be assured that the Form 1 is accurate and complies with the legislation.
Preparation of the Form 1 Disclosure Statement requires the utmost care and attention to detail. It is imperative the Form 1 is accurate as it has the potential to affect the integrity of the contract which may lead to complications completing the property Settlement.
The team at Form One Matters has extensive experience and expertise in the preparation of Form 1 Disclosure Statements.
They simplify the process for you.