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Queensland real estate transaction reform bill comes under fire

The Real Estate Institute of Queensland says a new property law bill seeking to introduce a uniform statutory seller disclosure regime has been rushed to parliament without proper consultation.

House model, gavel and law books
New legislation has been developed to modernise property laws in Queensland but has it been introduced to parliament prematurely? (Image source: Shutterstock.com)

The Real Estate Institute of Queensland (REIQ) says it’s disappointed that the Property Law Bill has been prematurely introduced into Parliament while there’s still material matters to be worked through.

The Bill seeks to implement a formal seller disclosure regime in Queensland to make it easier for home buyers to know more about the property they are buying.

The Queensland Government said the new legislation has been developed to modernise pr…

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