New Disclosure Rules for QLD Property Sellers
Recent legal changes have significantly affected Queensland property sellers.
From 1 August 2025, the Property Law Act 2023 is officially in effect, and with it comes a mandatory Seller Disclosure Statement requirement that affects nearly every residential and commercial property transaction across the state.
Here’s what this means for you as a seller, and how Iconic Realty Group is making sure every client in Moreton Bay is fully protected and ready to sell with confidence.
What Is the Seller Disclosure Statement?
The Seller Disclosure Statement is a compulsory legal document that must now be provided to all prospective buyers before they sign a contract.
It includes:
- A standardised disclosure statement
- Prescribed certificates
- Key information about the property that could influence a buyer's decision
This applies to most property sales in Queensland, with very limited exceptions.
As the Real Estate Institute of Queensland (REIQ) explains: “There are specific requirements for how the disclosure documents must be prepared, what must be included and how it must be given to the buyer.”
What Must Be Disclosed?
Here’s a snapshot of what your Seller Disclosure Statement must include:
- Title search showing legal ownership
- Local council rates and water changes
- Zoning, planning, or development restrictions
- Body corporate information (if applicable)
- Any known issues that may materially affect the buyer's decision
If even one required item is missing, the consequences can be serious.
Why This Matters for Sellers
Getting the disclosure wrong, or skipping it entirely, is not an option.
If your statement is incomplete, inaccurate, or not delivered properly, buyers can:
- Terminate the contract at any time before settlement
- Walk away from the deal without penalty
- Leave you exposed to legal disputes and delays
An experienced agent truly helps in this area.
How Disclosure Must Be Handled
There are strict formatting and timing requirements, including:
- Documents must be given before the contract is signed
- Information must be kept current if anything changes before settlement
- Documents must be clear, legible, and follow the legislative format
Real estate agents can handle this on your behalf, but it must be done with precision. That’s why many homeowners are choosing to leave this task to trusted experts.
Real Risks of Getting It Wrong
Mishandling this could be a deal-breaker, not just a red tape.
Contracts have been overturned due to minor errors, such as:
- Omitting a zoning certificate
- Failing to disclose a known easement
- Using the wrong version of a required form
Under the new regime, buyers have broad rights to terminate if anything material is missing and they weren’t aware of it at the time.
How Iconic Realty Group Keeps You Compliant
At Iconic Realty Group, we’ve already built the new Seller Disclosure Statement process into every listing.
We’ve partnered with SearchX to handle all required certificates and verify documentation for accuracy. That means:
- Fast, accurate preparation of your legal paperwork
- No uncertainty or risk of missed disclosures
- Full legal compliance from listing to settlement
From the outset, we handle all compliance requirements, so our clients can focus on what matters most.
Selling in the Moreton Bay Region?
If you're in Beachmere, Bribie Island, North Lakes, or anywhere in Moreton Bay, you deserve a legally secure and stress-free sale process.
These new rules have raised the bar, but we’ve already adjusted our systems to meet it.
Selling your home in Queensland?
Let’s make sure it’s fully compliant, and ready for the best result.
Contact Iconic Realty Group today for a free market appraisal and end-to-end seller disclosure support.