The Queensland Government has introduced new property law changes, effective from August 2025, focusing on a mandatory Seller’s Disclosure Regime. Sellers must provide disclosure statements and specific certificates before buyers sign a contract. If the documents are incomplete or incorrect, buyers can terminate the contract before settlement. The law modernises conveyancing processes and includes updates on lease agreements and settlement delays. Sellers are encouraged to familiarise themselves with these changes to avoid complications during property sales
In my view, this new law introduces additional risks for sellers if disclosures are not completed accurately or are incorrectly presented. Buyers would have the right to terminate the sales contract all the way up to settlement, which could lead to delays and added stress for sellers. This makes choosing the right agent even more critical. I encourage all homeowners planning to sell after August 1, 2025, to start preparing now by seeking professional advice and beginning the agent selection process and disclosure preparation to ensure compliance and minimise risks.