What Queensland Property Sellers Must Disclose Under the New Laws
Starting 1 August 2025, Queensland’s property market will operate under a new seller disclosure regime introduced by the Property Law Act 2023 and the Property Law Regulation 2024. These reforms aim to standardise and simplify the information sellers must provide to prospective buyers through a legally compliant Seller Disclosure Statement.
Key Disclosure Requirements:
- Title and Ownership Details: Sellers must provide a current title search and plan showing ownership and any registered interests along with information about the rates payable for the property. This information forms part of the Seller Disclosure Statement.
- Zoning and Planning Information: Local government zoning as well as information relating to Heritage Listings, Neighbourhood disputes and Road proposals must be disclosed. If you have also received a notice from your Local Government relating to an unapproved structure on your property, this will also need to be disclosed. This is essential information for the disclosure statement that buyers of real estate rely on.
- Encumbrances and Easements: Any unregistered encumbrances, easements, covenants or interests affecting the property must be listed. This will also apply to any residential tenancy agreement or private agreement relating to the property.
- Environmental Notices: Sellers must disclose contamination notices or other environmental issues in the QLD Seller Disclosure Statement.
- Pool Safety Compliance: If the property has a pool, a valid pool safety certificate or Notice of No Pool Safety Certificate must be included.
- Body Corporate: If the property is part of a body corporate, information relating to the management and operation of the scheme including the levies payable must be disclosed as part of the QLD Seller Disclosure Statement.
The Form 2 Seller Disclosure Statement:
All disclosures are compiled and incorporated into the new Form 2 Seller Disclosure Statement, which must be signed and given to buyers before signing the contract. This real estate disclosure form is critical to compliance. Failure to do so may allow buyers to terminate the contract.
This new framework is designed to reduce disputes and improve transparency in property transactions.