If you are purchasing residential land there is an obligation for the vendor to serve a notice upon you – a Form R3.
If the vendor is using a real estate agent this person will serve the notice.
The Form R3 is a general statement of issues and information for you to consider when buying a house. You should read the form carefully.
Click here for more information about the Form R3
Legislation requires that the vendor ‘must take all reasonable steps to deliver the prescribed notice to a purchaser when the purchaser is present on the land at the invitation of the vendor in order to inspect the land prior to its sale’.
The R3 must also be attached to the Form 1 served on the purchaser, even if the R3 has been provided previously.
Failure to serve the R3 does not necessarily void a sale contract, nor does it affect the cooling-off rights of the purchaser under the Form 1, but failure to serve the R3 is an offence.
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