How the New Disclosure Statement Affects Your Property Sale in Queensland
Big changes are on the horizon for anyone buying or selling property in Queensland. From 1 August 2025, the state’s brand-new statutory seller disclosure regime will officially come into effect, marking the most significant shake-up of Queensland property law in decades.
At V & Co. Realty, we’re already preparing our clients for what’s to come so that when the new laws land, you’re confident, compliant, and contract-ready.
What’s Changing?
The new regime, introduced under the Property Law Act 2023 (Qld), means that sellers will be required by law to provide:
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A completed Form 2 Seller Disclosure Statement, and
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Prescribed certificates and documents relating to the property... before a buyer signs the contract.
If the correct documents aren’t provided - or if they’re incomplete, inaccurate or outdated - the buyer could terminate the contract at any time before settlement. Yep, even at the eleventh hour.
This applies to all residential property sales from 1 August 2025, no matter when the property was first listed.
What’s Included in the Form 2 Disclosure Statement?
The Disclosure Statement is broken down into six key parts, including:
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Seller and Property Details – Lot/plan numbers, address, and body corporate info (if relevant)
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Title and Encumbrances – Title searches, leases, easements, and other restrictions
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Land Use and Environmental Factors – Zoning, infrastructure designations, environmental notices
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Buildings and Structures – Owner-builder notices, pool safety, show cause orders
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Rates and Utilities – Latest rates notices and water charges
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Community Titles Schemes – Body corporate levies and CMS documents
All documents must be accurate and current at the time they’re provided to the buyer. While buyers aren’t required to sign the disclosure, it’s best practice to get confirmation they’ve received it.
What’s Not Covered?
REIQ has made it clear: while this regime increases transparency, it doesn’t replace good ol’ fashioned due diligence.
The Disclosure Statement won’t tell buyers:
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Whether the home has flooded in the past
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If there’s asbestos, termite damage or structural issues
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Whether the utilities are connected
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If the renovations are council-approved
So yes, buyer beware is still very much alive in Queensland. Buyers are encouraged to do independent research and engage their own legal and building professionals.
Who Can Prepare the Disclosure?
As your trusted local agency, V & Co. Realty is authorised to help prepare and exchange your Form 2 Disclosure Statement, with written consent from you as the seller.
We’ve already reached out to our network of reliable property solicitors to streamline the process for our clients, ensuring:
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You know what certificates you’ll need
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We can help gather them efficiently
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You’re legally ready to go when the time comes
We’ll handle the logistics, so you don’t have to get lost in paperwork.
Don’t Sign a Contract Without It
The REIQ is urging sellers and agents not to sign or enter into contracts unless the Disclosure Statement and all required documents have been properly prepared and handed over. This is a legal requirement, and skipping this step could invalidate your sale.
What About Regional Sellers?
One concern raised by the REIQ is the lack of a statewide search tool to help sellers collect the required documents, especially in rural or regional areas.
At V & Co. Realty, we understand that preparing these disclosures may take time and incur costs. That’s why we’re:
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Getting ahead of the curve now
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Offering practical advice and support
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Collaborating with local experts to help you gather what you need
If you're planning to sell in 2025 or want to list before the changeover, now is the time to chat with us.
What You Need to Know
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From 1 August 2025, you can’t sell your home without giving buyers a Disclosure Statement and prescribed certificates
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Failure to provide them (or doing it incorrectly) may give the buyer the right to cancel the contract
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We can help prepare the required documents (with written consent), but legal advice is still encouraged
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Buyers still need to do their homework - this isn’t a replacement for inspections or reports
Ready to Sell Smart?
At V & Co. Realty, we don’t just put up a For Sale sign and hope for the best. We’re proactive, detail-focused, and ready to make sure your sale goes off without a hitch, even with the new legislation in play.
If you’re planning to sell or want to learn more about how the new Queensland property law changes affect your situation, reach out today. We’re here to keep things smooth, stress-free, and compliant.