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About: Vendor disclosure law in Australia     Goto   Sponge   NotDistinct   Permalink

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According to the ACL, property sellers and agents must disclose any defects in a property, which a buyer is planning to buy. Lying by omission would lead to breach of contract. This law does not mean that the property dealer guarantees the good title of the property but that he/she has not done anything, or is not aware of anything, which would make their title defective. Each Australian state and territory has modified this common law differently.