Sellers in Victoria are legally required to disclose material facts about their block of units—but what exactly counts, and when should you go above mandatory disclosure? Simon Abbott covers the law (Sale of Land Act, key VIC regulations), examples of ‘material fact’, and practical strategy: competitive advantage in upfront honesty, managing buyer trust, and what extra steps to take when dealing with investor or syndicate buyers. Features cautionary tales of undisclosed defects leading to contract collapse, and the rare wins from ‘warts & all’ campaigns.
Wondering what to disclose for your block sale? Simon can review your property and advise — contact him via the Collings portal.
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