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Vendor statement now automated in By Lawyers Contract – VIC

28 September 2018 by By Lawyers

Vendor statement now automated!

We are excited to announce that the By Lawyers Contract of sale of land (VIC), which makes things easier by incorporating the vendor statement, has now been updated to include intuitive automation, to assist users when they are creating the vendor statement.

Upon opening the precedent document, the user is prompted to make a series of elections by the use of check boxes – and text boxes are also included where a description is required.

Users simply select and input the relevant information to be included, which is then automatically generated in the document, showing only relevant disclosure information.

This process reduces the time required to complete a vendor statement, reduces the risk of a disclosure being defective due to error and results in a statement that is much more readable.

Just another way that By Lawyers is making the practice of law a little more enjoyable.

 

Filed Under: Conveyancing and Property, Publication Updates, Tips & Tricks, Victoria Tagged With: automation, By Lawyers Contract for sale of land (VIC), s 32, Sale of Land Act 1962, vendor statement, VIC

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