07/08/2025
Selling a property in Queensland? This isn't one to DIY. Get it right or risk losing the deal (and a lot of money along the way).
1. It's now law - A mandatory disclosure statement must be given to the buyer before they sign the contract.
2. Commercial properties ARE included - This isn’t just for houses. It applies to commercial property too, including pharmacies, medical suites, offices and shopfronts.
3. Trusts and companies? Yep, still applies! - Even if the property is owned by a trust or company, disclosure is still required. The rules don’t just apply to individuals.
4. Wrong timing? Risky business! - If the disclosure isn’t given correctly or at the right time, the buyer may have the right to terminate the contract at any time before settlement.
5. Don't be fooled. It's more than just a form - You’ll need supporting documents. Don’t leave it to the agent.
We can help.