If you're planning to sell your home, unit, or investment adelaide property Conveyancers in Conveyancers adelaide south australia, there’s one crucial document you’ll hear a lot about: the Form 1. This legal disclosure statement plays a key role in every property sale and getting it right can be the difference between a smooth settlement and a legal headache.

At Elite Conveyancing, we help Conveyancers adelaide south australian sellers meet their obligations with confidence. In this blog, we break down exactly what the Form 1 is, why it matters, and how we can assist you in preparing it correctly.

What Is a Form 1?

The Form 1—also known as the Vendor’s Statement—is a legal document required under the Land and Business (Sale and Conveyancing) Act 1994 (SA).

It discloses important information about the property to potential buyers, including:

• Zoning and council information
• Easements and encumbrances
• Caveats or mortgages
• Any registered interests
• Community or strata details (if applicable)
• Rates and taxes owing

In short, it tells the buyer exactly what they’re purchasing—beyond just what they can see.

When Is It Required?

The Form 1 must be served to the purchaser before the cooling-off period begins. If it’s not correctly served, the cooling-off period may not start—causing legal delays or giving the buyer grounds to cancel the sale.

Why Is It So Important?

A faulty or incomplete Form 1 can lead to:

• Delays in settlement
• Buyers pulling out of the contract
• Legal disputes over undisclosed information
• Penalties or fines for the seller

That’s why having a professional, experienced conveyancer prepare your Form 1 is critical.

What’s Included in a Form 1?

Some of the key information typically disclosed includes:

• Title details
• Registered mortgages or caveats
• Easements (e.g. shared driveways, water access)
• Zoning information from the local council
• Council and SA Water rates
• Community title or strata corporation levies
• Details of any orders affecting the property (e.g. heritage listings, encumbrances)

Who Prepares the Form 1?

While real estate agents can sometimes assist, it’s highly recommended to have a licensed conveyancer handle it—especially if you're selling privately or want peace of mind. At Elite Conveyancing, we:

• Order and review all required statutory searches
• Prepare and serve the Form 1 to the purchaser correctly
• Ensure it meets all legal requirements
• Keep your sale legally compliant and on track

✅ How Elite Conveyancing Can Help

We’ve helped hundreds of Conveyancers adelaide south australia navigate property sales with confidence. Our team ensures your Form 1 is accurate, complete, and served on time—so you can focus on the bigger picture.

Whether you’re selling a family home, investment property, or vacant land, we’ll guide you through the entire conveyancing process with transparency and care.

📞 Ready to Sell?

Don’t let paperwork hold up your sale. Let Elite Conveyancing handle your Form 1 preparation and settlement process from start to finish.

👉 Contact us today for a no-obligation quote or visit eliteconveyancing.net.au to learn more.