Documents to be given to a buyer
As a buyer, you should know your rights and requirements in buying a property. You must be given certain information about the property you are interested in buying. This is a legal requirement that all vendors, sales representatives, agents and auctioneers must comply with.
When buying a property you must be given a copy of:
- the buyer’s information notice
- the vendor’s statement
If you are buying a residential property at auction you must also be given a copy of:
Usually an agent will not be able to act as a representative for both the buyer and the vendor.
In certain situations this may be acceptable but the agent will have to give you a copy of the warning notice for purchasers for you to sign.