The new Form 2 ensures transparency, providing buyers with essential property details upfront.

Changes are coming to how property is sold in Queensland, but with the right guidance, you can turn this into an opportunity.

From 1 August 2025, all Queensland sellers must provide a completed “Form 2” Seller Disclosure Statement (plus supporting documents) to buyers before any contract is signed. This new legal requirement, introduced under the Property Law Act 2023 (Qld), is designed to make property sales more transparent and reduce the risk of disputes down the track. In essence, buyers should know key facts about a property upfront, and as a seller, you’ll need to have your paperwork in order early in the process.

Don’t worry, NSRE is here to guide you through these changes seamlessly, ensuring you remain compliant while achieving the best outcome for your sale.
In this overview, we break down what the new seller disclosure entails, why it matters, and how we help our clients stay ahead of the curve.

What is Form 2 and When Does It Apply?

Form 2 is the new Seller’s Disclosure Statement, a standard seven-page form in which the seller gives extensive details about the property. Starting 1 August 2025 residential property sales in Queensland will require a Form 2 disclosure before the buyer can sign the contract. This rule applies to any contract dated on or after 1 August 2025, regardless of when the property was listed for sale.

In other words, even if you listed your home in June, if the sale contract is signed on or after 1 August 2025, the new law applies.

There are a few narrow exceptions (such as off-the-plan purchases of unregistered land and certain sales to government bodies), but the vast majority of everyday property transactions will be subject to the disclosure requirement. If you’re planning to sell a house, apartment, or land in QLD, it’s safest to assume Form 2 applies to you and prepare accordingly.

What must you provide?

Sellers must give buyers two things before a contract is signed:

A completed and signed Form 2 Seller Disclosure Statement, with all prescribed details about your property.
All “prescribed certificates” relevant to the property, such as a title search, plan of the land, body corporate disclosures, and other required records.

Both the Form 2 and the certificate documents must be accurate and current as of the date you give them to the buyer. Importantly, the seller must sign the disclosure statement before the buyer signs the sale contract, and hand over the disclosure to the buyer first. This sequence is crucial: if the buyer hasn’t received a proper Form 2 before signing, the contract could be in jeopardy.

What Information Does the New Disclosure Include?

Think of Form 2 as a comprehensive profile of your property. The disclosure statement covers a wide range of information, including:

Basic Property Details: Address, real property description (lot and plan number), and title references.
Legal Encumbrances and Interests: Any easements, encumbrances, or other legal rights attached to the property, including unregistered agreements that a buyer will inherit.
Tenancy or Lease Details: Whether the property is currently rented or subject to any lease or rooming accommodation agreement, including the length of the lease and date of last rent increase.
Council Zoning and Notices: The local government planning zone and any known council or government proposals affecting the land, such as future road widening or rezoning.
Environmental and Heritage Matters: Whether the property is listed on any environmental register, is on the contaminated land database, or is subject to environmental or heritage orders.
Building and Improvements: While the seller does not warrant the building’s structural soundness, you must disclose if there’s a swimming pool (and its compliance status), any owner-builder work in the last 6 years, and any outstanding notices or orders.
Rates, Utilities and Outgoings: The latest rates notice and water charges, so buyers can estimate ongoing costs.
Body Corporate (for Units/Townhouses): If selling a lot in a Community Title Scheme, you must provide the most recent Community Management Statement (CMS) and a current body corporate disclosure statement (Section 206 disclosure).

Note: Form 2 does not cover every conceivable detail about a property. For example, it does not usually include specifics on flood risk, past pest issues, or whether the property is connected to NBN internet. Buyers are still expected to do their own due diligence in these areas.

The Seller Disclosure Statement (Form 2) is available for download here.

NSRE combines expert guidance and innovative PropTech to simplify your disclosure process.

Why Does Accurate Disclosure Matter?

It’s critical to handle the Form 2 disclosure correctly, because mistakes or omissions can have serious consequences for your sale. If a seller fails to provide the required documents, or supplies incorrect or incomplete information, the buyer may have a legal right to terminate the contract at any time before settlement. Even if you’re weeks into the contract, a missing or wrong detail in the disclosure could give the buyer an escape hatch to walk away right up until settlement.

Providing inaccurate information can also cost you. For example, if a section (such as pool compliance) is filled out incorrectly and the buyer suffers a loss, the buyer could not only terminate but also potentially seek compensation. The bottom line: accuracy and thoroughness matter more than ever. The new laws shift more responsibility onto the seller to “get it right” upfront, aiming to prevent disputes and ensure both parties can proceed with confidence.

How NSRE Helps You Navigate the New Requirements

At NSRE, our approach is always client-first and proactive. Here’s how we make the Form 2 process easy and stress-free for you:

Expert Guidance and Preparation: We stay on top of the latest legal changes and forms, so you don’t have to. Our advisors walk you through Form 2 step by step, gathering the necessary details and clarifying any questions.
Legal Partnerships: We work closely with experienced property law specialists, connecting you with a trusted lawyer or conveyancer to compile Form 2 and the certified documents. This is often included in our premium service.
Accuracy Checks and Updates: Before your disclosure package goes to a buyer, we implement a thorough quality check. If new information arises while your property is on the market, we update the disclosure accordingly.
Technology & Convenience: Our digital platforms allow for secure sharing of documents and e-signing of Form 2, saving you time and ensuring all records are stored safely.
Personalised Support: Every property and client is unique. Our team provides bespoke advice, helping you address any issues early and present your property in the best possible light.

With NSRE, you can approach 1 August 2025 (and every sale thereafter) with confidence, knowing your disclosure obligations are met and your sale is set up for success.

Planning to Sell? Let’s Start the Conversation

Whether you’re contemplating selling soon or just planning ahead, it pays to be prepared. The new disclosure laws are a positive step, encouraging transparency and informed decision-making. By working with a proactive, knowledgeable agency like NSRE, you turn compliance into a competitive advantage.

Let’s turn your next move into a powerful step forward.
Contact NSRE today for a confidential discussion about your selling strategy and how we can help you navigate the new requirements with confidence. Book your complimentary strategy call today to discuss your property goals.

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FAQs

Q: Does Form 2 apply to all property sales in Queensland?
A: Almost all residential property sales will require Form 2 from 1 August 2025. There are a few exceptions, such as off-the-plan sales of unregistered land and certain government transactions, but most sellers should assume the new law applies.

Q: What happens if I forget to disclose something or make a mistake?
A: If you fail to provide the required documents or make an error, the buyer may have the right to terminate the contract at any time before settlement, and could potentially seek compensation for losses.

Q: What documents do I need to provide with Form 2?
A: You must provide all “prescribed certificates” relevant to your property, such as a title search, plan of the land, body corporate disclosures (if applicable), and any other required records.

Q: Does Form 2 cover everything a buyer needs to know?
A: Form 2 is comprehensive, but buyers are still expected to do their own due diligence on issues like flood risk, pest history, and service connections.

Q: How can NSRE help me with the new disclosure requirements?
A: NSRE offers end-to-end support, from identifying required documents to coordinating with legal experts, ensuring your disclosure is accurate, complete, and delivered on time.

Q: Can I sign Form 2 electronically?
A: Yes, electronic signing is permitted, and NSRE’s digital platforms make this process seamless and secure.