​​​​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:

• the bidder’s guide
• the collusive practices statement

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.

 

 

 

Source: https://www.sa.gov.au/topics/housing-property-and-land/buying-and-selling/advice-for-buyers/home-buying-process