New Seller Disclosure Scheme in Queensland

From 1 August 2025, the way property is sold in Queensland will change. A new statutory seller disclosure regime will be introduced under the Property Law Act 2023 (Qld). This transformative change mandates sellers of freehold land - including residential, commercial, and vacant properties - to proactively disclose critical property information before buyers sign a contract.

Sellers are required to complete and sign a Form 2 Seller Disclosure Statement and supply prescribed certificates. This move reverses the long-held "buyer beware" stance, placing the responsibility on sellers to deliver critical facts upfront. It's a shift towards greater transparency and consistency that aligns QLD with NSW and VIC regimes.

What you must include in the disclosure statement:

Part 1: Seller and property details

Part 2: Title details, encumbrances and residential tenancy or rooming accommodation agreement

Part 3: Land use, planning and environment

Part 4: Buildings and structures

Sellers:

• Plan early: engage a solicitor or speak to one of our agents about your Form 2 preparation
• Budget properly: expect additional costs for searches, certificates, and professional fees
• Ensure accuracy: incomplete, inaccurate or outdated info could lead to termination or legal claims

Buyers:

• Use disclosures to inform your purchase, but don’t rely exclusively on them
• Continue due diligence: inspections, flood planning reports, pest checks, etc.

For a smooth sale, early preparation, accurate documentation, and professional legal or agent support are essential.

Thinking of selling? Our experienced agents at Twomey Schriber Property Group are here to guide you through every step of the process.

Click here to get started and request your free appraisal today!

For more information and to download the Guide to Seller Disclosure Scheme, click here.