Buying or Selling Property in Queensland

Did you know there are big changes to buying and selling property in Queensland?

From 1 August 2025 it is compulsory for a seller to provide a Disclosure Statement to a buyer before the parties enter into a contract. This will bring Queensland in line with other States.

What is a Disclosure Statement?

A Disclosure Statement is a compulsory document to be provided by a seller to a buyer before the parties enter into a contract for the sale of a property.

The Disclosure Statement sets out a number of disclosures relating to a property so that the buyer can consider these before entering into the contract to purchase.

What is in the Disclosure Statement?

The Disclosure Statement includes the following information:

• title searches and survey plan
• council rates information, zoning and planning information
• details of any easements, encumbrances and covenants
• details of whether the property is listed on the Contaminated Land Register
• details of any disputes over trees
• whether the property is heritage listed
• tenancy information (where applicable)
• details of any Body Corporate (where applicable)
• pool safety and building approvals

I am selling a commercial property do the disclosure obligations apply?

Yes, the disclosure obligations apply to the sale of all property in Queensland, both residential and commercial property.

When should I prepare the Disclosure Statement?

Once you decide to sell your property, this would be the best time to consider having the Disclosure Statement prepared.

The material that is to be produced with the Disclosure Statement could take some time to compile and without it being provided correctly could result in the buyer having termination rights up until the settlement date.

Having the Disclosure Statement prepared at the onset of your decision, could help to prevent any delays with entering into the contract once you have found a buyer for your property.

Do you have any questions and/or require any assistance with the preparation and/or review of a Disclosure Statement before entering into a contact?

Please contact our office to discuss these big changes with our friendly conveyancing team on 07 4758 5858.