News & Insights

Buying or selling property in Queensland now involves a few more questions than usual, and there is a brand-new legal reason behind it. From 1 July 2026, Australia’s anti-money laundering and counter-terrorism financing framework expanded to include the real estate and legal sector. Known as the "Tranche 2" reforms, these changes legally require conveyancers, solicitors and real estate agents to conduct formal identity and source-of-funds checks before acting on a property tr

From 1 January 2027, all Queensland homes, including owner-occupied properties, must meet strict smoke alarm requirements: photoelectric, interconnected alarms in every bedroom, hallway, and level, powered by hardwiring or a 10-year battery. Compliance impacts safety, legal obligations, and property transactions, so homeowners should review, upgrade, and retain evidence of alarms well before the deadline to avoid risk and delays.

When buying or selling a unit or townhouse in Queensland, statutory warranties are a critical part of the contract under the updated REIQ Contract (August 2025). These legally binding promises about the body corporate are separate from the Seller Disclosure Statement and cannot be avoided. Errors or omissions may allow buyers to terminate or claim damages, making early, accurate disclosure essential.

Buying property off the plan in Queensland can offer early access and potential savings, but it carries legal risks, particularly around sunset clauses. A sunset clause allows a contract to be terminated if settlement is delayed. New laws from 22 November 2023 restrict when developers can use these clauses for vacant land, strengthening buyer protections. Independent legal advice is essential before signing.

Specific performance is a court-ordered remedy requiring a party to carry out their contractual obligations, rather than paying damages. It is commonly used in property disputes where land is unique and money may not be adequate compensation. This article explains when specific performance applies, when courts will grant it, what must be proven, alternative remedies, possible defences, and why early legal advice is essential.

A delayed settlement can have legal and financial consequences, including default interest, compensation claims or contract termination, even if caused by banks or third parties. Common causes include finance and valuation issues, paperwork errors, final inspection problems and linked transactions. In Queensland, REIQ contracts allow limited unilateral extensions and automatic short extensions for late signing, making early legal advice essential if timing is critical.

Queensland’s property industry slows significantly over the Christmas shutdown from 25 December 2025 to 1 January 2026. This year, delays are more likely due to the new Seller Disclosure Statement (Form 2), which requires additional documents before a contract can be signed. Reduced availability at councils, banks, search providers and the Titles Office can affect turnaround times. Buyers and sellers planning transactions in December or January should seek legal advice early

If you're in the market for a new home but haven’t sold your current property, you may be wondering if it's possible to buy before selling, and how to navigate such a transaction smoothly. If you’re facing the decision to buy before selling, there are a few strategies that can help ensure the transaction works in your favour.

When you’re buying or selling property in Queensland, timing is everything. One of the most effective tools available to protect your interests during a property transaction is a Priority Notice. But what is it, how does it work, and when should you lodge one?

Buying or selling property no longer needs to rely on slow, error-prone paper settlements. PEXA and e-conveyancing replace physical documents and cheques with a secure online system, allowing parties to transact in real time. This reduces delays, minimises errors, lowers costs, speeds up fund clearance, and enables near-immediate transfer of property ownership.