Seller Disclosure Statement
As of 1st August 2025, all Sellers must provide a Seller Disclosure Statement to a Buyer before entering into a Contract of Sale. The Seller Disclosure Statement is a legal document containing key information about the property.
How much does a Seller Disclosure Statement cost?
Each solicitor has their own fee.
How long does it take to receive a completed Seller Disclosure Statement ?
Turnaround is generally within 2–5 business days, depending on search response times from councils and authorities.
Why has this law been introduced?
The law has been introduced to improve transparency and consistency in property transactions.
Who needs to provide a Seller Disclosure Statement?
The seller of the property must provide the disclosure statement. If the seller is using a real estate agent or lawyer, they usually help prepare and distribute the statement.
What types of property are covered under this law?
• Units or townhouses
• Vacant residential land
• Commercial properties.
What information must be included in a Seller Disclosure Statement?
The statement must include important details such as:
• Title and ownership information
• Zoning
• Easements Encumbrances and Covenants information
• Whether the property is affected by transport infrastructure projects
• Notices from councils or government (e.g. notices to demolish or repair)
Some optional or additional information may include:
• Information about body corporate (for units)
Who prepares a Seller Disclosure Statement ?
A Seller can prepare one themselves, using the approved form and supporting documents, or can hire a professional service, conveyancer, or lawyer to help ensure it’s accurate and compliant.
What happens if the Seller does not give a Disclosure Statement to the Buyer prior tosigning the contract of sale?
If you don’t provide a valid Seller Disclosure Statement before the Buyer signs the Contract, the Buyer may have the right to terminate the Contract right up to the settlement date.
What if the information in the Disclosure Statement is incorrect or out of date?
If the information is misleading, incomplete, or incorrect, the buyer may be able to:
• Withdraw from the contract
• Claim compensation
• Lodge a complaint through legal or consumer channels.
It’s important to keep the disclosure up-to-date if anything changes.
Must the Seller Disclosure Statement accompany the Contract of Sale?
Yes, the contract must now include the required disclosure documentation as an attachment or annexure. The Seller Disclosure statement must be signed by the Buyer before signing the contract. Most real estate agents and lawyers will update templates to comply with the new rules.
What happens if the Buyer pulls out because of the Disclosure Statement?
If the buyer withdraws their offer because the disclosure was missing, incorrect or misleading, they can cancel the contract and may receive a full refund of their deposit.
How long is the Seller Disclosure Statement valid for?
It remains valid as long as the information is accurate at the time of contract signing. If any material facts change (e.g. new rates/council notices), it should be updated.
Can a real estate agent provide advice to a Seller about what must be disclosed?
While a real estate agent can certainly guide a seller on general processes, they must not provide legal advice, especially about what is or isn’t required to be disclosed under the new legislation. This includes interpreting what
documents are necessary, what information is “material,” or advising whether a specific issue must be included. Doing so may:
• Breach the Agents Financial Administration Act 2014 and the Legal Profession Act 2007
• Risk professional indemnity exposure for the agent
• Lead to a disclosure being non-compliant, making the contract terminable by the buyer.
What can a Real Estate agent do?
Real Estate agents can:
• Inform sellers that disclosure statements are now mandatory
• Refer sellers to professional services like Sellers Disclosure QLD
• Assist in logistical coordination (e.g. helping complete forms once prepared, or liaising with lawyers or conveyancers)
• Encourage early disclosure preparation to avoid delays.
What property types require disclosure?
Disclosure is required for all residential property sales in Queensland, including houses, units, and townhouses. It also applies to most commercial and mixed-use properties.