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Queensland introduces Property Law Bill to parliament
The Serious Estate Institute of Queensland (REIQ) has slammed the Queensland Government’s choice to introduce a invoice implementing a formal seller disclosure routine right before resolving what it promises are outstanding thoughts. The Residence Law Bill, released this 7 days, seeks to build a uniform statutory seller disclosure regime in the state. It will replace the Residence Law Act 1974, which the authorities claims has not been comprehensively reformed since it was launched. The new scheme will make it mandatory for a seller of freehold land to disclose related facts to the consumer in a one document together with any prescribed certificates, which include a body company certificate, wherever pertinent.…

