From August 1, some big changes are coming to the way property is bought and sold in Queensland, thanks to the introduction of the Property Law Act 2023.

One of the biggest updates is a shift away from the old “buyer beware” model. Sellers will now need to provide more detailed information about a property before a contract is signed - making the process clearer and fairer for everyone involved.

At People Estate Agents, we’re here to make this transition easy. Our team is across the changes and ready to guide you through every step. We also work closely with a trusted solicitor who can help ensure all the right paperwork is in place and everything is legally sound so you can move forward with peace of mind.

_{What’s Changing for Sellers?}

_{Right now, sellers are only required to provide a few key things:}

• _{A pool safety certificate (or a notice of no certificate)}
• _{Smoke alarm compliance}
• _{Body corporate disclosure (for strata properties)}
• _{Basic warning statements in the contract}

_{But from 1 August, sellers must provide:}

• _{A completed Seller Disclosure Statement (Form 2)}
• _{A set of prescribed documents, including:}
  • _{Title and plan details (like a current title search)}
  • _{Details of any easements, covenants, leases, or encumbrances}
  • _{Zoning and planning info, including any notices}
  • _{Environmental or safety compliance (e.g. pool safety, environmental protection)}
  • _{For strata properties: Community Management Statement and Body Corporate Certificate}

Why This Matters?

If these documents aren’t provided correctly before a buyer signs the contract, the buyer could legally terminate the agreement any time before settlement, even just days before the deal is meant to go through.

These changes are all about protecting buyers and giving everyone more clarity and confidence in the process, while also helping to avoid last-minute surprises or disputes.

So whether you're planning to sell, buy, or just want to be across the latest changes, reach out to our people, we’ve got your back when it comes to everything before, during and after you sell. That is our point of difference, and why we love what we do.

Please get in-touch with one of our friendly team:

Jake Dwyer 0423 733 882
Clare Hitchins 0448 880 964
Nathan Collins 0452 628 426

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