| V Terms
: |
Valuation
|
A written analysis of the estimated value of a property
prepared by a qualified valuer. |
Vendor
|
The seller |
Vendor Statement
|
(Victoria only) Also called the Section 32 Certificate of
the Sale of Land Act. Known as Contract of Sale in NSW. A
statement by the vendor of the particulars of the property
offered for sale. It must be signed by the purchaser before
signing the Contract. |
Villa
|
A single storey attached dwelling. |
Void
|
Having no legal force or effect. Unenforceable. See Null
and Void. |
|
|
|