Sale contracts to include bushfire clause
Sale contracts to include bushfire clause
Posted on Friday, July 12 2013 at 11:08 AM
Sellers in Victoria will need to disclose whether their land is in a bushfire-prone area when selling property after July 31.
Changes to
Victorian property law under the Sale of Land Act 1962 means buyers
will now be informed if land is in a bushfire-prone area. However, Minister for
Consumer Affairs Heidi Victoria says buyers should still ensure they undertake
proper due diligence.
“It’s important
to fully research any property you are planning to buy, including finding out
about its bushfire safety,” Victoria says.
The amendments were made following recommendations
by the Victorian Bushfire Royal Commission into the Black Saturday bushfires
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