From 1 August 2025, the way residential property is sold in Queensland will change dramatically. As part of the Property Law Act 2023 reforms – the most significant shake-up in decades—sellers will now be legally required to provide a Seller’s Disclosure Statement before a buyer signs the contract.
At Ray White Jimboomba, we believe in keeping our clients informed and well-prepared, so here’s a breakdown of what this means for you, and how we’ll help guide you through it.
The Seller’s Disclosure Statement is a comprehensive legal document that includes important information about the property. It must be provided before a contract is signed, and includes details such as:
This statement must also be accompanied by several prescribed certificates and searches, making it a thorough disclosure package designed to protect all parties involved.
Up until now, Queensland has operated under a “buyer beware” approach – meaning the buyer carried the responsibility of uncovering any hidden issues. This new system flips that model.
From August, the responsibility shifts to the seller to disclose upfront. If the correct documents aren’t provided before the contract is signed, buyers will have the right to terminate at any time prior to settlement. This includes receiving a full refund of the deposit, and potentially passing any losses on to the seller.
It’s a major change – and one that could make or break a deal if not handled correctly.
This is not a requirement you can contract out of. Special conditions won’t override the legislation, and buyers can’t simply waive the disclosure.
There are a few limited exemptions (such as sales between certain related parties), but for most residential property sales in Queensland, this will now be mandatory.
While it may sound overwhelming, don’t worry – our team at Ray White Jimboomba, along with trusted conveyancers like Empire Legal, are fully across the changes and already preparing to support you.
Empire Legal’s team is attending the Queensland Law Society’s upcoming seminar dedicated to this very topic, and we’ll be bringing you an update on what the new process involves, including:
Selling property is already a complex process – and this reform adds another layer. But with the right advice and experienced professionals in your corner, you’ll be in safe hands.
If you’re thinking of selling in the next 12 months, reach out to our team today. We’ll ensure you’re ready for the upcoming changes, and that your sale proceeds smoothly and compliantly from day one.
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