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ARTICLE · 18 MARCH 2023

The Property Law Bill 2023 (Qld) – Big changes are coming!

Clifford Gouldson Lawyers
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if passed, its contents will effect some of the biggest changes in the Queensland property industry in almost 50 years.

AustraliaReal Estate and Construction
Amanda Tolson
Amanda Tolson
Carly Brailak
Carly Brailak
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The Property Law Bill 2023 was introduced to Queensland Parliament on 23 February 2023 – if passed, its contents will effect some of the biggest changes in the Queensland property industry in almost 50 years.

What does it cover?

There are extensive changes – the Bill is some 226 pages long – but some of the most significant include:

  • The Bill introduces a new seller disclosure regime – it will require sellers to disclose information to buyers regarding property before the buyer signs the contract, including providing copies of certain searches. A buyer will hold new rights to terminate if a seller does not comply with these requirements. Currently, buyers undertake most of these searches and usually after a contract has been signed; and

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