Understanding your Seller Disclosure
Under Queensland law, you as a vendor are required complete a Form 2 – Seller’s Disclosure Notice before a contract of sale is signed. This document outlines important information that may affect a buyer’s decision to purchase the property and its potential future use. It’s a standardised form containing a series of questions that can only be answered by the vendor.
Information disclosed in a Form 2 includes property details such as titles and encumbrances, residential tenancy agreements, land use and environmental protection, swimming pool certification, and rates and water charges.
What does this mean to
you as a seller?
When completing a Seller Disclosure, you have a legal responsibility to ensure that all information provided is accurate and complete. The details disclosed are legally accountable to you as the vendor, so it’s important to review them carefully before signing.
We’ll always support you through the process and make sure the form is provided and submitted correctly. While we can’t interpret or provide advice about the questions within the Form 2, we’ll help you find the right assistance if you need it, including organising property searches, referring you to your solicitor or conveyancer, or arranging for a third party such as Search-X to complete the Form 2 on your behalf.
What does this mean to you
as a seller?
When completing a Seller Disclosure, you have a legal responsibility to ensure that all information provided is accurate and complete. The details disclosed are legally accountable to you as the vendor, so it’s important to review them carefully before signing.
We’ll always support you through the process and make sure the form is provided and submitted correctly. While we can’t interpret or provide advice about the questions within the Form 2, we’ll help you find the right assistance if you need it, including organising property searches, referring you to your solicitor or conveyancer, or arranging for a third party such as Search-X to complete the Form 2 on your behalf.
Official information about a Form 2
The same Form 2 Seller Disclosure is used throughout Queensland. To help you feel more confident about this new legislation, we’ve connected the Queensland Government’s sample Form 2 and the Queensland Government’s Guide to the Seller Disclosure Scheme.
Official information about a Form 2
The same Form 2 Seller Disclosure is used throughout Queensland. To help you feel more confident about this new legislation, we’ve connected the Queensland Government’s sample Form 2 and the Queensland Government’s Guide to the Seller Disclosure Scheme.
Will this change the selling process?
Not significantly. The introduction of the Form 2 Seller Disclosure Notice simply adds an extra step before the contract is signed. Most of the information required can be obtained through standard property searches, which we can help organise for you. With the right preparation, completing the disclosure is straightforward and won’t delay the sale process.
Will this change the selling process?
Not significantly. The introduction of the Form 2 Seller Disclosure Notice simply adds an extra step before the contract is signed. Most of the information required can be obtained through standard property searches, which we can help organise for you. With the right preparation, completing the disclosure is straightforward and won’t delay the sale process.