New QLD seller disclosure regime commencing on 1 August 2025

Commentary by Afifi Mitry

Queensland’s new seller disclosure regime under the Property Law Act 2023 (QLD) kicks in on 1 August 2025, marking a major shift in residential and commercial property transactions.

Sellers will now need to prepare and deliver a completed Disclosure Statement (Form 2) alongside every contract before it can be signed - failure to do so will likely give buyers a right to terminate.

Under the new rules, sellers must disclose any active neighbourhood-dispute applications or orders under the Neighbourhood Disputes (Dividing Fences and Trees) Act 2011, provide body corporate certificates for community-title lots (including levies, insurance details and outstanding contributions), and supply any other prescribed certificates or documents specified by regulation.

Timing is critical: the Form 2 must be provided before a contract is signed. Buyers can rescind the contract at any time before settlement if the disclosed information falls short of the statutory requirements.

To prepare, establish an internal checklist covering every prescribed disclosure item, maintain contemporaneous records of any enquiries or updates, review your existing contract templates to embed clear disclosure obligations and update triggers, and train all staff involved in contract preparation to identify and escalate any disclosure gaps.