How the New Seller Disclosure Regime Empowers Buyers in Queensland

The upcoming changes to Queensland’s property laws mark a significant shift in favor of buyer protection. By mandating comprehensive disclosures, the new regime ensures buyers are better informed before committing to a purchase.

Buyer Benefits

• Increased Transparency: Buyers receive a full picture of the property's legal and physical status BEFORE they sign a contract thanks to the new seller disclosure laws in Queensland.
• Right to Terminate: If the seller fails to provide accurate or complete disclosures, buyers may be able to terminate the contract at any time up until settlement.
• Standardised Information: The Form 2 Seller Disclosure Statement ensures consistency across transactions, reducing confusion and risk.

Empowering Informed Decisions

Buyers will now be able to assess risks such as zoning restrictions, environmental issues, or unresolved building notices before signing a contract. This reduces the likelihood of post-sale surprises and legal disputes. The reforms align Queensland with other Australian jurisdictions that have long required pre-contractual disclosures from sellers, promoting fairness and confidence in the market. Although the new seller disclosure regime does not start until 1 August 2025, buyers should anticipate that Seller Disclosure Statements may become available in mid-late July 2025 as sellers prepare their properties for sale.