Queensland proposed changes to body corporate legislation 2023

The Palaszczuk Government has recently announced reforms to body corporate legislation in Queensland following the October 2022 Housing Summit. The reforms aim to make it easier to sell and redevelop ageing or rundown community titles schemes. According to Attorney-General Shannon Fentiman, stakeholders at the Queensland Housing Summit highlighted that scheme termination was an essential area that required reform, and the government has listened.

In short, the proposed changes will:

• Make it easier for units to be redeveloped by allowing for the termination of a community titles scheme with the support of 75% of lot owners (reduced from the current positions which requires 100% of Lot owners);