15/05/2026
π Exciting times in the Queensland property market! The new Property Law Act 2023 (Qld) is changing the game with its seller disclosure regime. This means sellers now need to provide detailed and accurate information before contracts are signed, shifting us from a 'buyer beware' to a 'seller disclose' model. π€
What does this mean for you? Buyers get more transparency, which is great news! π But sellers, be awareβthis adds complexity and potential costs. In a hot market with high property values and limited listings, getting it wrong could mean contract issues.
At WU & CO Lawyers, we're here to help you navigate these changes. Our expert team is dedicated to providing the advice and support you need for a smooth and stress-free property transaction.
We'd love to hear your thoughts on this shift. How do you think it will impact the property market? Share your opinions in the comments below! π